99

175.

Chinese

Alas,

we have

still

officials

not succeeded in convincing

that Hong Kong's extraordinarily modest

aspirations for political development are legitimate, that

they deserve to be met, that they are part of the natural

evolution of

society; and that

an

increasingly

mature

and

sophisticated

they are in a sense a condition of our

continuing

success

as

great

international

trading

community.

These aspirations pose no threat to China now

nor in

indeed the concept of "one country, the future;

systems" should accommodate them comfortably.

two

176.

The argument,

we

should

-

as I have said, is not about whether

accelerate the

of democracy in Hong Kong,

though many of you think perhaps understandably

pace

that it

should be.

towards

democracy

should be

credible,

The argument is about whether the agreed steps

should be real, or

should be sham.

177.

In order to try to win agreement, we have as you

will have observed been prepared to make substantial

in

our

talks

with

China to

take account of Chinese

concerns.

movement on the Chinese side.

far So

I cannot

honestly point to any real

178.

We

will

agreement.

We

accord that meets

the concerns of both sides.

But we

are

go on

as working

believe it should be possible to reach an

hard as we

can for an

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