agreements, whereas the JVC had a much

narrower interest in getting the best deal for itself. By and large these two factors

defined the British and French backstop

positions and, apparently, were recognised

to some degree by the other side.

NARRATIVE SCENARIO

Following the review with the Bank of China

in December 1984, the next call for talks

was in Shenzhen in March 1986. This was

for "clarification", and both UK and French

sides considered that no concessions should

be indicated. Chinese very disappointed,

but could not be too outspoken, since

commercial/technical discussions with the

companies were still at a preliminary

stage. UK batted first, with the French

second.

UK/China/HK Agreement signed in May 1985

During her visit to Beijing, when the

project was raised, the Prime Minister

said that price and technical performance

were entirely matters to be raised with

Lord Weinstock.

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23.

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