RESTRICTED
(c) Vietnamese boat people
7. Grateful for US confirmation that you intend to take 1,000
refugees from Hong Kong this year.
8. Encouraged by progress in preparations for International Conference on Indo-Chinese refugees in June. Believe this will provide good basis for future action.
(d) HK/US Dollar Link (Defensive)
9. No case for change of Hong Kong/US dollar link. Link vital for
confidence. Any revaluation would tend to encourage speculation and financial instability.
RESTRICTED