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13.
REPRESENTATIONS FROM THE TEXTILE INDUSTRY IN THE UNITED KINGDON
[If pressed] As my right honourable Friend, the Chancellor of the Exchequer, said on 17 December 1975 on the general question of import restrictions, we are prepared to consider imposing temporary controls on imports in cases where sectors of industry, which would be perfectly viable in normal times, are threatened with extinction by excessive imports during the recession.
UNITED KINGDOM CONTROL OF HONG KONG'S TRADING POLICIES
14. It has been accepted that in the conduct of its external commercial relations, the Hong Kong Government must act in the best interests of the local population. In doing so, however,
it keeps in close consultation with Her Majesty's Government.
III.
FUTURE OF HONG KONG AND CHINESE ATTITUDE
THE FUTURE OF HONG KONG
15. Her Majesty's Government has every confidence in the continuing development of Hong Kong and will continue to
administer it in the interests of those who have chosen to live
there.
THE END OF THE NEW TERRITORIES LEASE IN 1997
16. 1997 is still quite a long way ahead and a great deal will have happened by then not only in the area but in other parts of the world as well. It is not possible to predict what the circumstances will be so far in the future.
CHINESE ATTITUDE TO HONG KONG
17. It is apparent that the Chinese Government do not wish to disturb the present situation.
STATE OF SINO-BRITISH RELATIONS OVER HONG KONG
18. Sino-British relations are good. There is practical cooperation in Hong Kong over a wide variety of fields. [If pressed] Her Majesty's Government see no reason why Hong Kong should become an issue between ourselves and the Chinese
Government.
4.