negotiating throughout for the best we could get, pressing

very hard, but avoiding a breakdown, for which Hong Kong

would have to pay. The same reasoning informed our dealings

with Peking after 1984, particularly in the exchanges over

directly elected seats in the Hong Kong legislature.

for

On the Chinese side, the arguments

negotiation were less compelling: they were in a position

to dictate. But they sought the benefits which a peaceful

and agreed transfer of power offered in terms of economic

gain, China's international standing and, above all, the

prospects for reunification with Taiwan. Overt use of force

or blackmail over Hong Kong would destroy the hopes, which,

happily, they still entertained, of recovering the most

important piece of lost national territory. For these

reasons they were ready to treat, to offer reasonable terms

and to honour their new obligations as they interpreted

them.

But in Britain the 1984

agreement,

however

successful and skilfully accomplished, left among many an

uneasy feeling, an ill-defined sense of guilt. I recall

being asked by Peter Hennessy, in an interview in 1984,

whether there was not a parallel with Yalta and the transfer

then of large numbers of Russians to Stalin's mercies. I

thought it was a bad analogy and said so: there might have

been some relevance if we had done nothing; as it was, we had

provided the most detailed protection possible. But the

fact that such a question could be posed, and by a well

informed analyst and historian, indicated the kind of

doubts that arose. The reasoning behind the treaty, it was

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