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BY THE CHINESE SOMEWHAT AS PROTOTYPES, AND THAT THEY ARE LOOKING TO CHINA LIGHT AND POWER CO. LTD., FOR ADVICE AND GUIDANCE. IT IS AT THEIR INSISTENCE MR. STONES WILL BE ACCOMPANYING THE
DELEGATION.
THE RELATIONSHIPS BETWEEN MR. SHIH, CHAIRMAN OF GUANGDONG POWER COMPANY (GPC) AND MYSELF, AND BETWEEN MR. STONES AND HIS
OPPOSITE NUMBER, MR. CHEN GANG, WHO WILL BE HEADING THE CHINESE DELEGATION, ARE PARTICULARLY CLOSE AND ARE BASED ON IMPLICIT TRUST.
NEITHER PARTY WILL DO ANYTHING THAT WOULD IN ANY WAY PREJUDICE
THE INTERESTS OF THE OTHER.
1 AM CONVINCED THAT IT IS TO THE MUTUAL INTEREST OF ALL OF US TO ELIMINATE COMPETITION AND TO CREATE THE RIGHT CLIMATE FOR A NEGOTIATED CONTRACT ALONG SIMILAR LINES TO CHINA LIGHT'S NEGOTIATIOIS
FOR THEIR CASTLE PEAK POWER STATION AT TAP SHEK KOK.
WITH THIS IN MIND, I AM PARTICULARLY ANXIOUS TO AVOID INTERFERENCE IN THE FORM OF A HYBRID PROPOSAL, UNDER THE GUISE OF A BRITISH PACKAGE, BEING SUBMITTED TO OUR FRIENDS DURING THEIR VISIT TO ENGLAND.
IF A UK/WESTINGHOUSE/BECHTEL PACKAGE IS PROPOSED IT WILL MEAN THAT A NUMBER OF OTHER PACKAGES FROM INTERNATIONAL SUPPLIERS WILL HAVE TO BE CONSIDERED IN WHICH CASE I AM CONFIDENT ALL BRITISH PARTICIPATION WILL BE ELIMINATED.
THE ADDAGE THAT HALF A CAKE IS BETTER THAN NO CAKE AT ALL IS PARTICULARLY APPROPRIATE AT THE PRESENT TIME.
I AM GRATEFUL TO YOU FOR HAVING SENT ME A COPY OF YOUR LETTER TO OUR MUTUAL FRIEND AND WISH YOU TO KNOW THAT MY VIEWS, WHICH ARE
FULLY SHARED BY MR. STONES, HAVE NOT CHANGED AND HAVE BEEN REINFORCED IN THE LIGHT OF EXISTING CIRCUMSTANCES.
SEASON'S GREETINGS AND BEST WISHES,
ENDS
MARCH
NNNN
4.
LAWRENCE.
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