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174.

Alas, we have still not succeeded in convincing

Chinese officials 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 an increasingly mature and sophisticated

society; and that they are, in a sense, a condition of our

international trading

continuing

community.

Bucces8

ав

a great

These aspirations pose no threat to China now,

nor in the future. Indeed, the concept of "one country, two

systems" should accommodate them comfortably.

175.

The argument,

as I have said, is not about whether

We should accelerate the

though many of you think

that we

should.

The argument

pace of democracy in Hong Kong,

perhaps understandably

turns on whether the agreed steps

towards democracy will

will give the people of Hong Kong a real

opportunity to

choose, and on whether those steps are

credible or not.

176.

In order

to try to win agreement, we have

as you

will have observed been prepared to make substantial moves

in Our talks with China to take account of Chinese

I will leave it to the Chinese side to say how

concerns.

far they have been prepared to move.

177.

agreement.

Wc will go on working as hard as we can for an

We believe it should be possible to reach an

accord that meets the concerns of both sides. But we are

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