CONFIDENTIAL
3.
We
As you will be aware, this is a particularly
sensitive time in Hong Kong, where there is now a great
deal of concern about the future of the territory.
would certainly not wish to be thought to be encouraging
Hong Kong businessmen to emigrate to the United Kingdom
or to move their funds there. It was for this
reason that Lord Belstead decided to speak to Lord
Shepherd, rather than to reply to him in writing.
C
!
CONFIDENTIAL
F
t
t