reprucing provisions of the Joint Declaration in

satisfactory (and often verbatim) form.

9.

The Chinese Government regard the drafting of the

This approach has

Basic Law as a matter for them. Our influence on the

drafting process has nevertheless been extensive and

important. While taking due account of sensitivities in

public, we have worked hard in private discussions with

them behind the scenes to ensure that the Basic Law

complies with the Joint Declaration.

paid off the Chinese have made it clear that they value

our contribution and have accepted many of our ideas. We

have also secured the tacit acknowledgement by the

Chinese of Parliament's right to debate the draft and to

have their views passed to the authorities in Peking.

Our assessment of the

10. Annex II contains a summary of the changes which we

know have already been made to the first draft, at least

in part in response to our representations and those of

the Governor of Hong Kong.

Gover

position now is that all the provisions of the Joint

Declaration are reflected in the draft Basic Law. The

only articles of the draft which might contravene the

Joint Declaration are those containing policy provisions,

included at the insistence of the Hong Kong businessmen

on the Basic Law Drafting Committee. These prescribe the

economic policies of the future Hong Kong SAR Government

(balanced budgets and low taxes) and thus undermine the

principle of the high degree of autonomy that Hong Kong

is to enjoy after 1997. There are other areas (eg over

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