DSR 11C

successful implementation of which will depend upon at the

least tacit acquiescence on the part of the Chinese

Government.

Although the Chinese have stated that they

regard the whole of Hong Kong as Chinese territory

temporarily under British administration, including the

New Territories, which will revert to China "when the time

is ripe", they made clear to the Governor during his visit

to China in March that they were content for the present

arrangements to continue de facto for some appreciable time

to come.

I

They see Hong Kong as playing an indispensable part

in the Chinese Government's new modernisation programmes;

and they accept that it would be unable to make such a contribution unless Hong Kong's political, economic and

commercial system is maintained in its present form. The Chinese concern for the stability and prosperity of Hong Kong in this respect is thus very close to that of the

British Government.

3.

Nevertheless the Chinese are still obviously puzzled

and suspicious about what we intend to do. They may indicate their tacit acceptance in time for the Governor

to announce arrangements for the replacement of the present New Territory leases by leases of indeterminate durations when he addresses the Legislative Council in October this

year. If the Chinese do not by then indicate their acceptance of this arrangement any announcement would still have to be made as soon thereafter as could be arranged, and

still with Chinese concurrence: we cannot proceed without it.

We cannot rule out that a further protracted and very tactful effort may be needed to get the Chinese to accept our proposed arrangements for the New Territories.

Our

chances of making the arrangements stick would be made much more difficult if the Chinese concluded from promulgation of a new status for Hong Kong citizens that we intended other changes in Hong Kong's Long term future. Given the importance China attaches to Hong Kong's contribution to their

modernisation plans any deliberate act by HMG which

appeared to put the stability and prosperity of the

Territory at risk would in turn have far-reaching

effects on the UK's bilateral relations with the

Chinese People's Republic. For all these reasons we

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