CONFIDENTIAL
24
MINIMAL ECONOMIC COSTS
機密
29.
the
The
CPG's Hong Kong apparatus is ambivalent as
economic costs which the CPG is willing to incur for
confrontation over the constitutional package:
(a) Some point Co the PRC's heavy investment in
the
the
territory, the dependence of Guangdong and
coastal provinces оп Hong Kong and the
increased political muscle of these areas in
the
new Politburo.
AS
result,
...
こ is
In when?
claimed, the CPG cannot afford so rock the
Hong Kong economy as badly as in 1982-83.
(b)
Other sources insist
that
the CPG will be
(c)
undeterred
They
by short-term business losses.
Im that provincial governments and PRC
state enterprises will be unable to resist
political decision
squeeze the te
D
O
"
}}}
economically until the CPG's views on the 1995
elections prevail.
The
United Front has been surprised that local
(the stock market in
business
sentiment
particular) has remained
robust
throughout
CONFIDENTIAL
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