• Short Summary

    Citizens of Hongkong were amazed as Christmas drew near to learn that the score or so of retail shops which handle Chinese Communist mainland products were all holding "Xmas sales" with "10% off" their already notoriously low "dumping prices."
    By far the biggest of these establishments - the two storey large shop on Des Voeux Road, opposite the General Post Office on Hongkong's busiest city thoroughfare - had a big banner stretched across its upper storey shopfront proclaiming in English and Chinese the glad news of shoppers (see establishing shots).

  • Description

    Citizens of Hongkong were amazed as Christmas drew near to learn that the score or so of retail shops which handle Chinese Communist mainland products were all holding "Xmas sales" with "10% off" their already notoriously low "dumping prices."
    By far the biggest of these establishments - the two storey large shop on Des Voeux Road, opposite the General Post Office on Hongkong's busiest city thoroughfare - had a big banner stretched across its upper storey shopfront proclaiming in English and Chinese the glad news of shoppers (see establishing shots).

    Inside the Communist emporium was doing a bargain sale business (many shots interior) while only a few doors away an old established big department store stood virtually empty.

    Smaller Communists shops throughout the city had wellstocked windows with attractively marked-down prices - and were full of choice preserved meats and sausages for the Christmas trade. Rolled oats - nicely packed and with a picture of Santa Claus himself as the trademark sold at half foreign prices, but the kids here asked for nothing else!
    Across the Harbour in Kowloon the H.K. Manufacturers, hard hit by Communist dumping of products similar to theirs, but even cheaper, held their big annual products exhibition. Huge wall signs implored HK citizens to buy their own goods (instead of the Communist equivalents, it was implied).

    But the Communist had introduced their 10% cut, out of displeasure at the Hongkong Chinese Manufacturers inviting a Taiwan Nationalist Trade Delegation to visit the fair - and several mysterious fires plagues its opening days causing temporary shutdowns and loss of valuable business. It was said the Reds, an attempt to pave the way to a Two-China policy for Hongkong.

    In another part of Kowloon shops were filled with dumped Communist made footwear at some 20% lower than HK price ... shoes from AGBP0..10s a piece upwards. An oldtime Chinese shoemaker working at his last right alongside these sparkling modern establishments was going strong still - but fighting a losing battle it seemed.

  • Tags

  • Data

    Film ID:
    VLVA2RUMQ66WUC0CT30MUWUAYU5V5
    Media URN:
    VLVA2RUMQ66WUC0CT30MUWUAYU5V5
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    07/12/1958
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:02:50:00
    Time in/Out:
    /
    Canister:
    N/A

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