stories of 200-plus French technicians in

Beijing. But China went into economic retrenchment for foreign exchange shortage,

and negotiations broken off (Autumn 1979).

France thus had a strong motive to sell

nuclear station as first of China's new

programme, and had already expended

substantial resources only for negotiations

to be faulted for China's foreign exchange

deficiency.

Hong Kong: a growth rate of demand of

-

Main

their

14-18% per annum in power demand.

utility China Light and Power had

ordered predominantly UK equipment

total installed capacity at Castle Peak is 4 gigawatts, all coal-fuel fired.

But scope for new power station sites

limited: Hong Kong at that time concerned

to establish links with China against the

Treaty expiring in 1996. Negotiations on

the new Treaty in initial stages in 1978.

II 1979-1981

Germination of a proposal which allowed

Chinese to envisage acquisition of

Western PWR technology and to overcome the inherent foreign exchange difficulties.

4

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