DWF G 080/30
Original at: Heck Quo
This Copy for:
Quali
Information only / Action on Para(s)
LDX 339/33
LIM 299/39
00 FCO
30 HONG KONG
GR 420
SECRET
FM PEKING 300736Z MAR 79
TO IMMEDIATE FCO
TELEGRAM NUMBER 346 OF 37 MARCH 79
INFO IMMEDIATE HONG KONG
GIA
Жеко
ab
77. 51
2 3 APR 1979
REYSTRY
Tasen
RIDEX
PA
NO £23.4
The Corpazz
A
MIPT
1. CONSIDERING THAT THE PROGRAMME MADE IT IMPOSSIBLE
TO RAISE THE MATTER EARLIER, THE MEETING WITH DENG WAS ON THE WHOLE A GOOD ONE. DENG SHOWED HIMSELF VERY ALIVE TO THE IMPORTANCE OF CONFIDENCE AND INVESTMENT IN HONG KONG.
2. ON THE LONG TERM FUTURE, WHILE REHEARSING THE CLASSIC CHINESE POSITION, DENG WAS CONCERNED TO ALLAY INVESTORS' ANXIETIES, SAYING AT ONE POINT THAT HONG KONG WOULD "MAINTAIN ITS CAPITALIST SYSTEM UNTIL EARLY NEXT CENTURY.
3. ON THE MORE IMMEDIATE QUESTION OF LEASES HE WAS AT
FIRST RATHER BAFFLED BY ENGLISH LEGAL CONCEPTS, BUT EVENTUALLY
APPEARED TO ACCEPT THAT ALL THAT WAS PROPOSED WAS
THE REMOVAL OF THE TERMINAL DATE IN LEASES, THAT THIS
REQUIRED NO CHINESE ACTION AND DID NOT CONFLICT WITH
THE CHINESE POSITION.