RESTRICTED
122217
MDHIAN 771
INTERNATIONAL PRACTICE UNQUOTE THAT IN INFRASTRUCTURAL PROJECTS PRIORITY SHOULD BE GIVEN TO LOCAL INVESTORS, OTHER THINGS BEING EQUAL. THIS WAS NOT PROTECTIONISM.
COMMENT
6.
NONE OF THE ABOVE IS PARTICULARLY NEW OR SURPRISING. THE CHINESE ARE OBVIOUSLY MAKING A CONSIDERABLE EFFORT TO JUSTIFY THEIR POSITION TO HONG KONG PEOPLE, AND ARE APPROACHING IT FROM EVERY POSSIBLE ANGLE.
WILSON
YYYY
ΜΑΙΝ
74
.PADS
LIMITED
HKD
COMED
ERD
ECONOMIC ADVISERS
HD/FED
NEWS D
ADDITIONAL
MR YAXLEY HKGO LONDON
NNNN
DISTRIBUTION
75
PUSD
RAD
PS/LORD CAITHNESS
PS/MR LENNOX-BOYD
MR BAYNE
MR MCLAREN
MR MILES
MR BURNS
PAGE 2 RESTRICTED