}
SECRET
FM PEKING
TO IMMEDIATE FCO
TELNO 159
OF 070339Z FEBRUARY 92
AND TO IMMEDIATE HONG KONG
SECRET
INFO PRIORITY UKREP JLG HONG KONG
Pa
Biall
this call
072777
MDHIAN 2143
TOP COPY Q DIST?
PERSONAL FOR RICKETTS, HKD
HONG KONG PERSONAL FOR GOVERNOR UKREP JLG PERSONAL FOR GALSWORTHY
28
MY TELNO 150 AND FCO TELNO 149 TO HONG KONG: CONFIDENTIAL FINANCIAL DIALOGUE: NEXT MEETING WITH THE CHINESE
1. TURS SEEM TO HAVE CROSSED. SUBJECT TO YOUR AND HONG KONG'S VIEWS WE WILL TELL THE CHINESE ON 10 FEBRUARY THAT WE PROPOSE TO ADD ONE MORE ITEM TO THE AGENDA ENTITLED 'DISCLOSURE OF INFORMATION ON THE EXCHANGE FUND'.
2.
ON AGENDA ITEM (C), THE PROPOSED NEW LIQUIDITY ADJUSTMENT FACILITY (LAF): IF THE CHINESE COME BACK TO US BEFORE THE TALKS AND ASK FOR DETAILS WE PROPOSE TO REPLY SIMPLY THAT WE INTEND TO EXPLAIN OUR THINKING ON THE INTRODUCTION OF A LAF.
MCLAREN
YYYY
ΜΑΙΝ
23
DISTRIBUTION
31
HK CONFIDENTIAL FINANCIAL
(DIALOGUE)
LIMITED
HD/HKD
HD/ERD
HD/FED
HD/ECONOMIC ADVISERS
PS
PS/LORD CAITHNESS
PS/PUS
SIR J COLES
MR BURNS
HD/PUSD
PAGE 1 SECRET