. JUN 11 91 16:41 BRITISHEMBASSYPEKING

P.4/5

The

resources, the two will supplement each other. Should China become capitalist, it would not be good for Hong Kong. Pudong development., for instance, is never meant 1.0 replace Hon!! Kong, but is meant to complement Hong Kong. You should bring this point. to Hong Kong people.

money

but

Under one-counL.PN Two-systems, China will Inat Lake away from Hong Kong; Hong Kong is to manage its own Finance; likewise China will not and cannot support. Hong Kong financially.

1

(Paul Cheng: May I suggest that. post-1997 Hong kong should become the International Sales Divison of China Inc.)

C POSH

#1

mentioneit

Hong Kong post-1997 will be better than it is now. ! two years ago that. river water shall not.

well water The whole point. T reiterate now, is that river water shail well wal.c•m, anct well water shall not OPOSIS J iver either WALY the two systems should not interfero with each ther.

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":

The HKGCC had done well in lobbying for China's MEN. Somme British, e.g. Governor David Wilson of long Kong, have also done well. I hope this

will not become an Ahmal problem.

had very

I had discussion with Douglas Hurd two months ago; we good relations. Both China and Britain are responsible for the wei1-being of Hong Kong during this transitional period. We have no intention of interfering in the administration of the Hong Kong government. Rut there are only 6

before The handover, and we have to think of the well being of Hong Kong people

CASHT': that present Hong Kong government. W 11 Look after The interests of Hong Kong people by Taying A soli? foumlation.

CHAIRMAN:

guch as

It is good to hear the above. On some issues, however, such the airport project, there are apparently some differences between China and Hong Kong/Britain. The Chamber's position is that we hope the airport project will go ahoart; We

concerned that. Lhu prosent mood seems to be that. it may not We would also like to reflect the perception - not. necessarily that China is interfering in Hong Kong's affairs and th this will jeopardise the autonomy of the post-97 SAR government.

GENERAL SECRETARY :

ours

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If Hong Kong wants to build an airport, it is fine. i always Jook at the feasibility study. Hong Kong should pay for the expenses of building the airport. It has never been China atti munde not to Support it. So the question

isi,

what has exigei the present inmpasse? Is it. et

technical I' A Finane ind problem? My allude, and 50 is Lu Ping's, has always been supportive. IF eventually the airport runs into problems, we should not be

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