CONFIDENTIAL

(1) THE CHINESE AUTHORITIES ARE CONSIDERING THE CLP

PROPOSAL, AND WILL BE RESPONDING THROUGH THE MINISTRY OF FOREIGN TRADE.

D. WE HAD A STIFF FEW MINUTES BECAUSE OF THE PUBLICITY GIVEN AND WE AGREED THAT ANY IMMEDIATE QUERIES FROM

THE PRESS WOULD FOLLOW THE LINE THAT IN RESPONSE TO THE CHINESE PROPOSAL DISCUSSIONS ARE CONTINUING.

SIR DEREK

HAS TELEPHONED THIS TO NCB'S PUBLICITY PEOPLE WITH

INSTRUCTIONS TO COMMUNICATE THIS TO DOT AND DOI PRESS

OFFICES. OUR MINING MACHINERY COMPANY NEGOTIATORS

HERE HAVE ALREADY BEEN TAXED WITH QUESTIONS ABOUT THIS

UNDESIRABLE PUBLICITY.

E. THE COALFIELDS TO BE DEVELOPED UNDER NCB ARE NOW

POTENTIALLY LARGER THAN PREVIOUSLY THOUGHT. NCB'S DESIGN

AND CONSULTANCY COSTS WILL BE MET IN CASH. BUT FOR

ORDERS OF UK EQUIPMENT CHINA WILL WANT THESE TO BE

FINANCED FROM PROCEEDS OF COAL EXPORTS. WE INDICATED

THAT NCB MISSION TO FOLLOW UP CAN PROCEED URGENTLY,

AND MEANWHILE WE WOULD BE CONSIDERING FINANCING MECHANISMS AGAINST THE DAY WHEN PLANT ORDERING WILL

START.

2. YOU CAN REASSURE SIR LAWRENCE ON THE LINES OF C

AND THAT WE HAVE SAID THAT HIS PROPOSAL HAS HMG SUPPORT. THIS WAS REPEATED BY SECRETARY OF STATE IN HIS FINAL MEETING

WITH LI CHIANG.

3. SIR DEREK EZRA IS REPORTING SEPARATELY ON THE DETAILS OF

K

E, WHICH WERE VERY FULL AND FRANK.

CRADOCK

FILES FED

ES SD

ECON D

TRED

NEWS D

HK YGD

PS/MR JUDD

COPIES TO:

MR ROYCE

MP-

HR

KNIGHTON, DEP|SE OLDHAM, 11C/AD

MA BROWNING, CRE4

FR WILKS

BOT B

MA TWYMAN

OPG

MR LOVE,

CRE

i

PSI LORD GORONWY ROBERTS

PS/PUS

SIR A DUFF

MR STRATTON

MISS BROWN

CONFI

MA CROFT, FED

MR KAPITT,

DEPISEC

MR. FARROW,

5BP

MR. THOLAITON,

EPT

æÞ

ECG.D

MA COTTERILL, ECGD

MR HENLEY,

CONFIDENTIAL

-go-f

I

DOT

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