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7. The Chinese can criticise the Macau government for many things, but so long as the tourism and gambling receipts continue to grow, and the USA and EEC give Macau a garments quota, then economic mismanagement will not be one of them. It is all much simpler than Hong Kong!

yours

Att

сс

Lisbon

APA, HKG

Bank of England

ECGD

Peking (Mr Brooking)

RG/sd/stats

Richard Graham

Consul Macau

Every effort is made to ensure that the information given herein is accurate, but no legal responsibility is accepted for any errors, omissions or misleading statements in that information caused by negligence or otherwise and no responsibility is accepted in regard to the standing of any firms,

companies or individuals mentioned.

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