UNCLASSIFIED
074537
MDLIAN 0373
TERRITORY EFFECTIVELY IN THE NEXT EIGHT TO NINE YEARS AND HOW COULD
IT PAVE THE WAY FOR CHINA TO GET MORE FOREIGN EXHANGE EARNINGS?AS
CHINA IS NOT YET READY TO MAKE ARRANGEMENTS TO TAKE OVER, AN EFFECTIVE ADMINISTRATION BY BRITAIN AND HK PLAYS A VERY IMPORTANT ROLE BASED ON THIS ASSUMPTION, BRITIAIN AND HK STILL HOLD A TRUMP CARD
THEY CAN WITHDRAW EARLY'' WITH THIS TRUMP CARD CHINA CANNOT BE TOO AGGRESSIVE AND BRITAIN AND HK WOULD OVERCOME
THE ''LAME DUCK PROBLEM IF THEY SEIZED THE OPPORTUNITIES.
ENDS
·
C G
·
·
WILSON
YYYY
DISTRIBUTION
t
50
ΜΑΙΝ
49
HONG KONG AGREEMENT RESTRICTED
LIMITED
HKD
HD/FED
RESEARCH (FE)
PS/LORD GLENARTHUR
PS/MR EGGAR
PS/PUS
MR MCLAREN
MR GILLMORE
PUS D
ADDITIONAL
1
MR FIFOOT, LEGAL ADVISERS
NNNN
PAGE
4
UNCLASSIFIED