CONFIDENTIAL
4. On the other hand, it is encouraging to see that work is underway on producing a coherent financial strategy for the project; and that we shall receive a copy. This is the key to securing the blessing of the Chinese.
5. Another positive development: the reaction of the British business community to the decision, so far as I can ascertain, is positive. Henry Keswick has praised it; and I understand that Sir Gordon Manzie (of the Anglo Japanese Consortium) has not reacted badly to the news.
A R Paul
RW1AAT/2
CONFIDENTIAL