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THAN WHAT THEY BELIEVED THE LEADERSHIP WISHED TO HEAR. OF THE
HONG KONG PEOPLE VISITING PEKING RECENTLY, ONLY THE YOUNG
PROFESSIONALS HAD HAD THE COURAGE TO SPEAK OUT. CHANG HAD BEEN
TOLD BY AN ''EXPERT'' IN THE CHINESE MFA THAT THE DECLINE OF THE
HONG KONG DOLLAR AND THE FALLS IN THE STOCK AND PROPERTY MARKETS
WERE THE RESULT OF DELIBERATE MANIPULATION BY THE BRITISH IN
ORDER TO PUT PRESSURE ON CHINA. DECISIONS MADE ON THE BASIS OF
SUCH ADVICE WOULD NOT (NOT) BE PRAGMATIC.
3. THE COMMUNIST PRESS ON 26 JUNE CARRIED PROMINENTLY A CHINA
NEWS SERVICES DESPATCH QUOTING DENG XIAOPING AS HAVING TOLD
HONG KONG AND MACAU DELEGATES THAT CHINA'S POLICY TOWARDS HONG
KONG WOULD NOT CHANGE FOLLOWING THE DEATH OF LIAO CHENGZHI.
RELEVANT ORGANISATIONS WERE STILL IN PLACE. PRESIDENT LI XIANNIAN
AND PREMIER ZHAO ZIYANG WOULD IN FUTURE TAKE ON RESPONSIBILITY
FOR HONG KONG.
YOUDE
TULUE OF HONG KONG
COPIES TO
HD/BKD
HD/FED
HD/PLANNING STAFF
HD/PUSD PS
PS/LADY YOUNG
PS/MR LUCE
PS/FUS
SIR J BULLARD
MR GIFFARD
MR DONALD MR WRIGHT
SIR I SINCLAIR LEGAL ADVISER MR BURROWS LEGAL ADVISERS
MR ROBERTS
MR MARTIN
MR FLOWER
NEWS D
ASSESSMENTS STAFF CABINET OFFICE
PUSD
MR COLES NO 10 DOWNING STREET
SIR A PARSONS IT
MR. WALKER
n
n
RESEARCH. D.
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