Walter M. Sulke O.B.E. J.P.
1st Floor, Bonaventure House, Leighton Road, Hong Kong. G.P.O. Box 1317, Telegrams: 'WALSULKE'. Telex: 71871 Telephone: 5-8957288 Fax: 5-8907157
The Hon. Francis Maude,
Minister of State,
Foreign & Commonwealth Affairs, Foreign & Commonwealth Office, King Charles Street,
London SW1A 2AH, ENGLAND.
Dear MR Maude,
Mros Marscien, Hki)
- 5 SEP 1989
For advice and / or draft reply
from
and/or and/or
mr Maudie
JC Ps/mr Maude
Mr Mchaven.
September 1, 1989
John Outter 5/9
HKC090/2
I am herewith attaching a speech I am making shortly to the Hong Kong Ex- porters' Association. Apart from criticising the Hong Kong Government for not controlling our inflation, it contains a realistic forecast of the economic situation in Hong Kong in the next ten years and a couple of concrete suggest- I have warned some of our Taipans, and especially our Chinese Taipans, that I am making a suggestion which is really more of a promise than a threat because if there is no confidence in Hong Kong, there is also no point in in- vesting in Hong Kong.
WMS/fr
Sincerely
Consul
(W.M. SULKE)
Att.