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SINO-BRITISH-HONG KONG RELATIONS

E.

Sino-British relations are excellent.

There are no real

problems between us. Our relations are developing and expanding in

all fields and at all levels. I have every confidence that our

relations will continue to thicken and deepen. Our common interest

in Hong Kong's future prosperity and stability and our joint

commitment to the Joint Declaration lie at the heart of this

relationship.

It is absolute nonsense to suggest, as some people have done, that we are seeking to create good relations with China at the

expense of the interests of Hong Kong. The fact is that the two are

interdependent: Hong Kong prospers when London and Peking are in

harmony. Close and cordial cooperation between Britain and China is

an essential ingredient of confidence in Hong Kong. Hong Kong's

future stability and prosperity cannot be secured by public

confrontation with China. And of course we have considerable

interests in Hong Kong: we have a political interest as the administering government and an economic and commercial interest

through our extensive trade and investment there.

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