HK3 AGQ
RESTRICTED
SIR Y K PAO'S CHEVENING WEEKEND, 15-16 MARCH 1986
ΧΙ NINGBO STEEL PROJECT
Points to Make
1.
Glad that Davy Consortium have submitted prelimina ry
feasibility
to report
Chinese authorities.
Hope
will soon give approval for full study to go ahead.
Chinese
2.
Present Chinese view of project?
(Defensive).
3.
Enormou s scale of project means that only
part of it, at most, could be financed under UK soft loan facility, but HMG prepared to consider this.