DWF G052/02
LDX 509/02
L.M NR 080/02
PP
D T 1/CREDA
NKK 164/1
WED
Spoken to Ashwood CRE
He will discuss with IC (DON) who with bead
RR
F CO
RR
HONG KONG
RR
BTC HONG KONG
GR 230
CYPHER/CAT A
FM PEKING 0203452
CONFIDENTIAL
tale the
NEA
2013/11
NO DISTRIBUTION
North KR K129
FEL
10 TREA (2
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2) Enter (Vin & Mänte
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fill in the Power station.
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TO PRIORITY D T I TELNO CREDA 117 OF 2 NOVEMBER 1977 INFO F C O, HONG KONG (PERSONAL FOR GOVERNOR), BTC HONG KONG.
MY TELNO CREDA 96: HONG KONG POWER STATION.
1. THE VISIT OF THE CHINESE MINISTER OF FOREIGN TRADE TO THE U.K. (NOVEMBER 28 TO DECEMBER 5) SEE MY TELNO CREDA 114 NOT TO ALL WILL PROVIDE A FURTHER OPPORTUNITY TO RECORD H.M.G.'S LONG TERM INTEREST IN A DEAL FOR CHINESE COAL FOR THE HONG KONG POWER STATION AGAINST BRITISH EQUIPMENT FOR CHINA'S COAL INDUSTRY.
2. THE CHINESE IN ANY CASE MAY RAISE THE QUESTION AND ASK IN PARTICULAR WHAT KIND OF LINK YOU ENVISAGE BETWEEN THE SUPPLY OF COAL AND THE PRODUCTION EQUIPMENT (SEE PARAGRAPH 3 OF MY CREDA 59 OF 15 JULY). IN A RECENT CONVERSATION THE DIRECTOR OF THE THIRD DEPARTMENT MINISTRY OF FOREIGN TRADE (WHO WILL ACCOMPANY THE MINISTER) REFERRED TO THE PROPOSAL AS SET OUT IN PEPCO'S LETTER TO CHINA RESOURCES OF MAY 5. THIS SUGGESTED DEFERRED PAYMENT. WE HAVE BEEN CAREFUL NOT TO SUGGEST THIS OURSELVES (LAST PÅRA OF YOUR TEL CREDA 59). BUT IF THE CHINESE DECIDE THAT THEY DO WISH TO PURSUE THE EXCHANGE A DEFERRED PAYMENT ARRANGEMENT COULD WELL BE ATTRACTIVE
*" TURM
224