A Buon множе Mr. qu
на- счита соб
relats.
A welcome but nonefholers cautious
mare by the Boc
HOFO 013/01
T/L FCO
Су
T/L PEKING
GPS 280
Jean
case
"tens to be decided on a case
1. The version leaked by thuang
Garis".
would
who got it wrong again when his factory owner Delep. usited tehing receity have been another mather altogether! khaps therang tian's role is Hat
после
CONFIDENTIAL of offical misinfomer
TELELETTER
DATE 1ST MARCH, 1983
•
везерв
Олов
des pse,
ん
2/3 Cyto
FROM P.i. WEBB, ASSISTANT POLITICAL ADVISER
FOLLOWING FOR W. MORRIS ESQ., HKGD, FCO
COPY TO R.N. PEIRCE ESQ., PEKING
LOANDS TO INDUSTRY BY THE BANK OF CHINA
THallelESID
MThomson FED
AF 2/3 rwacher Ro
I-\KK >q ||
Z MAR 1983
BAF
THE BANK OF CHINA (BOC) ANNOUNCED ON 27 FEBRUARY THAT IT WOULD BE INTRODUCING A LOW-INTEREST LOAN SCHEME TO HELP LOCAL INDUSTRIES. A SPOKESMAN SAID THAT UNSECURED LOANS OF UP TO DOLLARS 200,000 FOR A PERIOD OF ONE YEAR WOULD BE MADE AVAILABLE. ALTHOUGH THE RATE OF INTEREST WOULD BE LOWER THAN THE MARKET RATE, AND THAT REPAYMENT WOULD NORMALLY BE OVER SEVEN TO EIGHT YEARS, THE EXACT TERMS OF THE LOAN WOULD BE DECIDED ON A CASE
BY CASE BASIS.