BRITISH IFHDE UN

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o2d 849 28 C

2.

THE POLITICAL CONSTRAINTS

3.

Although the Chinese may have moderated their view that Hong Kong

represents

a source of enormous

Whitehall,

rekindled

I

revenue for the Treasury

inl

it is important that these suspicions should not be

A smooth transition in 1997 depends to a great extent

on the maintenance of goodwill and trust in the intervening

period. However, in view of the promotional activities of our

competitors for investment, it is reasonable that UK organisations

should be free to adopt a somewhat higher profile in attracting

investment than has been the case in the recent past. The Hong

Kong Government has made it clear that it would not object to

this, providing promotion was based on purely commercial

considerations. Thus some relaxation of our current policy within

the guidelines proposed in COP (90)?? appears justified.

Today made kisha Arwegian & theenda na vital R

TOIN P.04

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