BC

(see eg. E).

D

14)

My wif

SECRET

Reference

This supersedes der Mann's' minute of 21 june (below at E). MIKO9014

Mr Burton

Mr Clift or

- 5 JUL 1983

DESK OFAL

PA

REGISTRY (Action Takan

NO

CONFIDENCE AND THE ECONOMIC SITUATION IN HONG KONGNDEX

1. Please see Mr Wright's minute of 23 June below,

2.

18

her Clift

(see belon)

7735/

As anticipated this has reared its head again in spite of the Governor's views and your minute of 8 June to Mr O'Neill. I am not surprised.

3. Mr Flower told me today that Mr Wright would like a reply from us in time for the Re meeting on 30 June.

4.

Jic

We should discuss soon.

If we accept that such an assessment is unavoidable we shall need to 'sell' the idea to the Governor, and perhaps ask him to provide a first draft.

5.

Careful consideration will also need to be given to which bodies books are to contribute to the paper: the Bank of England and the Treasury are the obvious ones, but it may be that the Cabinet Office should clear their lines with No 10 before bringing them in.

6. The notes below by ESID may help to provide a quarry.

24 June 1983

cofani

W Morris

CODE 18-77

Disused.

M. Manis

Hong Kong Department

Mr. Donald has minute Mr. Wright

The idea. Let us

see the outerme.

/

oppering

should then like to speak to Mr. Broadbart.

Bu. 1 July D 28/0

SECRET

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