RESTRICTED
4. AGAINST A BACKGROUND OF OTHERWISE FAVOURABLE REACT ON TO THE
HONG KONG GOVERNMENT'S RECENT ECONOMIC MEASURES (MY TELNO 1537), THE ECONOMIC JOURNAL (INDEPENDENT) TODAY CARRIED AN EDITOR HAL
CRITICAL OF THE GOVERNMENT'S SACRIFICING ITS ECONOMIC QUOTE
PRINCIPLES UNQUOTE UNDER PRESSURE FROM CHINA BY DEPLETING ITS
EXCHANGE FUND RESERVES TO THE DETRIMENT OF LOCAL INDUSTRY AND
COMMERCE.
HADDON-CAVE
:
LEGAL ADVISER
LEGAL ADVISER
FUTURE OF HONG KONG
COPIES TO
LIMITED
SIR IAN SINCLAIR
MR BURROWS
HD/HKD
HD/FED
MR ROBERIES
NEWS D
HD/PLANNING STAFF
MR MARLION
ED/PUSD
PS
PS/LADY YOUNG
MR FLOWER
PS/MR LUCE
MR COLES
PS/PUS
SIR J BULLARD
MR GIFFARD
MR DONALD
MR WRIGHT
2
STR A PARSONS
MR WALKER
ASSESSMENTS STAFF
CABINET OFFICE
FUSD
NO 10 DOWNING STREET
NO 10 DOWNING STREET
RESEARCH D OAB 2/82
MR GOODALL, CABINET OFFICE
SIR PHILIP MOORE, BUCKINGHAM PALACE
RESTRICTED