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TRANSCRIPT J: SELECT COMMITTEE RE HONG KONG - 24 MAY 1989

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MR. IAN TAYLOR:

That is a general increase, then, in settlement?

KR. TIX RENTON;

Yes.

MR. IAN TAYLOR:

Do you expect this to continue and, indeed, would

you encourage Hong Kong people to try their hand?

PAGE. O247056

MR. TIM RENTON:

We would certainly encourage Kong Kong people to

come here, for example, as we would others, if they are,

for example, persons of independent means and they wish to

settle in this country, they have connections in this

country or if they are ready to come here as businessmen

to invest and build up a clearly British business.

The only thing I have to say is that in both those

categories, to mention just two, there is a degree of

clear residence in this country or putting their roots

down in this country that is needed.

XR.

IAN TAYLOR:

That differs slightly from perhaps the Canadian

situation which seems to be less demanding on the

residence factor.

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