no
fundamental conflict of interests
increases this year; comparison importance of invisibles
with other markets in region;
difficult to quantify but UK
clearly a very major player increasing importance as Hong Kong moves from a manufacturing to service economy; importance
of
partnerships between UK and Hong Kong companies; Hong Kong as a base for financing business elsewhere in the region (Shajiao C); aerospace business.
Infrastructural
not
projects: Hong Kong the world leader
just the airport. Massive opportunities and intense
competition. Delighted by UK success on Lantau Crossing clearly demonstrates international competitiveness of UK companies. Emphasise UK looks for no favours from Hong Kong
Government in award of airport contracts and certainly gets none. Business is rightly won through full and fair
competition.
within Hong Kong
Future of Hong Kong: no sense of gloom business is booming (look at property prices). 1997 increasingly seen as a time of opportunity and looking forward not of retrenchment. Important for us here to ensure UK business takes the
same view. UK fully implementation of Joint
have been and well. There will be differences of opinion but these should be resolved: Also very much in China's interest for Hong Kong to /remain economically successful
closely
Kong can
Declaration
to
•not a
bull point
committed
has repeatedly affirmed
is as
confident China Li
economies are
Сол
already very
interrelated, particularly in Guangdong where Hong provide the technical and financial skills to accelerate the rate of development. Hong Kong/Guangdong is already one vast fast developing economic growth area. There can be no going back.
Appointment of new Governor; his tasks and priorities.
(See attached sheet)
that it