RESTRICTED
E THE SITUATION IN HONG KONG WAS NOT SO BAD AS SUGGESTED IN THE
PRESS. MORE CAPITAL WAS ENTERING HONG KONG THAN WAS LEAVING
IT. CONDITIONS FOR INVESTMENT WERE BETTER IN HONG KONG THAN IN OTHER ASIAN-PACIFIC AREAS,
F
HE WAS CONFIDENT THAT HONG KONG WOULD BE RAPIDLY STABILIZED ONCE CHINA ANNOUNCED ITS PLANS,
G
THERE HAD BEEN PROGRESS IN THE SECOND PHASE OF THE TALKS.
H
HE WAS VERY OPTIMISTIC ABOUT THE FUTURE STABILITY AND PROSPERITY OF THE TERRITORY
GALSWORTHY
FUTURE OF HONG KONG
LIMITED
HD/HKD
HD/FED
HD/PLANNING STAFF
HD/PUSD
D/HD/PUSD (MR FLOWER)
RES.D. (MR WALKER)
LEGAL ADVISER (SIR IAN SINCLAIR
PS
PS/LADY YOUNG
PS/MR LUCE
PS/PUS
SIR J BULLARD
MR DONALD
MR WRIGHT
SIR C TICKELL
COPIES TO:
BUCKINGHAM PALACE
PS/LORD PRESIDENT OF THE COUNCIL
PS/HOME SECRETARY
PS/CHANCELLOR OF THE EXCHEQUER
PS/LORD PRIVY SEAL
PS/SECRETARY FOR TRADE & INDUSTRY
COPIES TO: (VIA ADR)
MR ROBERTS NEWS D
MR BURROWS LEGAL ADVS
MR COLES NO 10 DOWNING ST
MR MARTIN ASSESSMENT STAFF CABINET OFFICE
MR GOODALL CABINET OFFICE
MR BRENNAN CABINET OFFICE PS/S OF S FOR DEFENCE D PS/ATTORNEY GENERAL
2 SIR P CRADOCK RM WH MZ 21
RESTRICTED
FC040/1663