Classification
SECRET
OUT TELEGRAM
Caveat
Precedence
PRIORITY
ZCZC
ZCZC
1
SECRET
TC
21
CAVEAT
3
FM FCO
FM
TO
TELNO
TO PRIORITY HONG KONG
TELNO
OF 20153OZ FEB 92
OF
INFO PRIORITY PEKING, UKREP JLG HONG KONG
AND TO
31
M Gx
ли бубие
Ranks to you
Well done
Ra
M
zefü
91
PERSONAL FOR GOVERNOR FROM RICKETTS, HKD
:01
M
PEKING: PERSONAL FOR AMBASSADOR
11
2112
UKREP: JLG PERSONAL FOR GALSWORTHY
12
So
* 3:
YYYY
YOUR TELNO 492: CONFIDENTIAL FINANCIAL DIALOGUE
1.
Thank you for this full report of the meeting: this channel
clearly continues to work well.
18
19!
EXCHANGE FUND
201
21
22.
231
241
351
16
271
23
20
2. We note that when Secretary for Monetary Affairs suggested
that you intended to announce disclosure of the exchange fund assets during the budget speech, Chen said that this was too
soon for the Chinese. He reverted to this issue again later.
3. You will recall our views on timing and the Chinese
dimension. Unless there are over-riding reasons why the
disclosure should be made in the budget speech, we think it
would be preferable to delay the announcement if the Chinese
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Comcen reference
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