UNCLASSIFIED
164256
MDLIAN 2754
TAIWAN) AS A MODEL WITHOUT UPSETTING BEIJING. YEO IS ALSO REPORTED AS SAYING THAT SINGAPORE AND HONG KONG COULD DO MUCH TOGETHER TO PROMOTE THE ASIAN CULTURE AND LANGUAGES IN THE PACIFIC REGION.
4 =
THE GENESIS, HIGH-LEVEL SINGAPOREAN ATTENDANCE AND CONDUCT OF THE CONFERENCE SEEM FURTHER EVIDENCE OF SINGAPORE'S WISH TO BOOST CONFIDENCE IN HONG KONG IN A PRACTICAL AND HELPFUL WAY. IT HAD MORE TO DO WITH SYNERGIES THAN WITH ANY SUGGESTIONS THAT SINGAPORE IS SEEKING TO TAKE OVER HONG KONG'S FUNCTIONS AS A FINANCIAL CENTRE (MY TELECON WITH ELTON
DUGGAN
YYYY
ΜΑΙΝ
NO DISTRBUTION
DTI VIC ST
SEAD
5
NNNN
DISTRIBUTION
HKD
LO
5
JOINT DIRECTORATE ERD
PAGE 2 UNCLASSIFIED