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CONFIDENTIAL
A Butimi in decline could be nouve
Britain with the assuance
of Exfeanding
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Harket the level of economic activity in Briti
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will expand dramatically. The will be much to
your advantage. Secondly, liberal trading policies
generally serve our national interests best, and
we will have every incentive to pursue those
policies when we are members of the Community.
8.
As I see it, in the Common Market Hong Kong's
interests are not opposed to those of Britain. They
will be satisfied by just the same policies as will-
satisfy Britain's
9.
bant complementary
Now a word about China.
Hong Kong is acutely
aware of what goes on in China.
Hong Kong has a
unique talent for playing a role that offers benefit
to all and harm to none.
10.
For my part I welcome unreservedly the seating
of the People's Republic of China in the United
Nations. The United Kingdom was the first western
Government to recognise China, and we have for long
believed that the facts of internationd life
required that she should take her rightful place
in the Security Council and the General Assembly.
11. Let me say that these developments are not
related in any way to the status or future of
Hong Kong. On the contrary you have every reason
to be thankful for the ending of an injustice and an
anomaly which was a major source of friction and
misunderstanding in the world, and in particular
in this area.
that
12. I would like to say how glad I am that
Sino-British relations have steadily improved in
recent years.
Both countries have much
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