GF 323

CONFIDENTIAL

26

機密

30.

Against this

background, the CPG's approach is

likely to develop on the following lines:

(a) The

focus

will be on increasingly tough

measures to unnerve the business community

Blockage of

the

airport is an easy way to

demonstrate CPG muscle.

include action

does not seem co

(b)

The CPG's current thinking

limit the te

} }

}

opportunities.

trade and investment

Cory's PRC

Since

these have become the main source of Hong Kong

growth,

economic

favourable.

fundamentals

}

remain

AS a result, business sentiment

should prove reasonably resilient.

(c)

With this approach, Guangdong

and

other

southern provinces will

not

feel at risk.

PRC business entities need not book losses

because they have had time to liquidate Hong

Kong assets.

market's peak,

(They have sold below the stock

which is an irritation.)

They

can also hope to

make money through advance

warning of positive

statements.

and negative OPG public

Central Policy Unit 4th November 1992 CPU L/M A/91/92C

CONFIDENTIAL

機密

Share This Page