CONFIDENTIAL
125712
MDHIAN 1361
CONFIDENTIAL
FM UKDEL IMF/IBRD WASHINGTON
TO IMMEDIATE FCO.
TELNO 159
OF 23230OZ APRIL 92
AND TO PRIORITY PEKING, HONG KONG AND TO DESKBY 24083OZ HM TREASURY INFO PRIORITY UKREP JLG HONG KONG
broft to movistes, unlang.
post Wicke's readout,
Draft tel ust
HKC 03119
issued
27/4
FCO FOR TEBBIT (ERD), TREASURY FOR WICKS
см
1997 IMF/IBRD ANNUAL MEETINGS: HONG KONG TELNO 1092
1.
AS AGREED WITH FCO I SPOKE TODAY TO WANG (CHINESE WORLD BANK DIRECTOR) AND JIN CALTERNATE DIRECTOR) IN THE TERMS SUGGESTED IN TUR. I SAID I WAS NOT SEEKING AN IMMEDIATE RESPONSE, BUT THOUGHT THEY MIGHT LIKE TO THINK ABOUT THE SUGGESTIONS IN ADVANCE OF THE MEETING BETWEEN VICE FINANCE MINISTER XIANG HUICHENG AND SIR NIGEL WICKS WHICH WILL TAKE PLACE HERE AT 12.30 ON MONDAY, 27 APRIL. WE COULD DISCUSS THE SUGGESTIONS FURTHER THEN.
2.
WANG AND JIN INDICATED THAT IT COULD TAKE SOME TIME TO PRODUCE A FORMAL CHINESE RESPONSE, GIVEN THE DIFFICULTIES OF COORDINATING A VIEW BETWEEN THEIR FINANCE MINISTRY, CENTRAL BANK, FOREIGN AFFAIRS DEPARTMENT AND HONG KONG SPECIALISTS. THEY ALSO SAID THEY WOULD LIKE TO LOOK IN MORE DETAIL AT PRECISELY WHAT HAPPENED IN BERLIN, AND WE AGREED TO DO THIS TOGETHER. I STRESSED THAT WE WERE NOT WEDDED TO THE PRECISE ''BERLIN MODEL'', AND MIGHT INDEED OURSELVES WANT TO SUGGEST VARIATIONS TO IT.
3
THEY NOTED THE POINT ABOUT COST WITHOUT COMMENT.
I DOUBT WHETHER THE CHINESE SIDE WILL BE READY TO PROVIDE ANY FURTHER RESPONSE ON MONDAY, BUT WE CAN COVER THE SAME GROUND AGAIN AT THAT MEETING.
4.
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