RESTRICTED
045601 MDLIAN 6510
RESTRICTED
FM BTC HONG KONG
TO PRIORITY FCO
TELNO 12
OF 12113OZ JANUARY 93
INFO PRIORITY DTI, ODA, PEKING, WASHINGTON
DTI: FOR PS/MINISTER FOR TRADE,
OT2 AND OT2/2D
HEAD OF PEP
INDL
P COP
تن مرأت
HKD 120/1
13 JAN 1993
FICE
ODA: FOR PS/MINISTER
AINSCROW, DUS.
QB
BUSINESS CONFIDENCE IN HONG KONG: MINISTER FOR TRADE'S VISIT.
SUMMARY
1.
SIGNS OF REVIVED SUPPORT FOR THE GOVERNOR'S PROGRAMME. REASONS WHY, AND PROPOSALS TO KEEP THE PENDULUM MOVING. IMPACT OF WELL-TIMED VISIT BY MR.NEEDHAM. HIGH IMPORTANCE OF GUANGZHOU METRO.
DETAIL
THERE ARE SIGNS OF A POSITIVE CHANGE IN THE MOOD WITHIN THE BUSINESS COMMUNITY, FOR THE FOLLOWING REASONS
2.
3
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(A) THE CLEVER ONES ARE BEGINNING TO UNDERSTAND WHAT THE GOVERNOR IS DOING AND THAT HE MEANS WHAT HE SAYS:
(B) INDIVIDUAL LEADERS NOW SEE THE REAL LONG-TERM
OPPORTUNITIES FOR THEM OF A BETTER UK/CHINA
RELATIONSHIP:
(C) THE DOG HAS NOT BARKED. NO BUSINESS HAS BEEN LOST: AND
(D) THE VOLUME FROM PEKING IS LOWER.
-
ALL
THE PSYCHOLOGY OF BUSINESS COMMUNITIES HAS BEEN WELL STUDIED IN THE CONTEXT OF THE BUSINESS CYCLE. THE PHENONEMOM HERE IS PARTICULARLY INTERESTING. CLEARLY 'THE BUSINESS COMMUNITY' 350,000 OF THEM - IS NOT ANALYSING THE DETAIL OF THE CONSTITUTIONAL PROPOSALS OVER EVERY LUNCH AND DINNER TABLE. BUT
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