which u have not yet made to CAAC).
You could
also express concern that CAAC's attitude could
lead to an escalating spiral of reciprocal action
which it would be in the interest of both sides to
avoid.
we
3. We do not think the time is ripe to issue a
specific threat (eg on the Nanjing Services):
may well need to employ such drastic measures in the
context of next year's review, but Hong Kong are
still considering how far we can go in that
direction and we would therefore much prefer at
present not to be drawn progressively by a chain of
threats and counterthreats into using our heaviest
hammer in order to crack the present relatively
small nut.
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