CONFIDENTIAL
There have been suggestions that the renewal of China's MFN status should be made subject to conditions. This would be bad news for Hong Kong. It would introduce uncertainty in business and trading circles and would be a disincentive to investment in Hong Kong.
But I
I appreciate that there are a number of other important factors to be taken into account in reaching your decision, not least the Chinese record on human
rights and the US trade deficit with China. believe that these considerations are outweighed by the points which I have mentioned above and by the wider international interest in supporting those in China committed to the policy of opening out to the West.
John Major
CONFIDENTIAL