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Transiation
REGISTRY PETER RICKETTS Action Taken
2913 spy pre
Mr When
M. Davies,
Mr Love,
DT
from.
•fir C. Powell
Powell)
Mc Pik
HK Daily p2; 27/3/91
See (15
(86090)
Beijing issues a secret decree to all business units in China:
Stop all trading activities with Jardines
According to an authoritative Source close to the Chi
government, the
the Ministry of Foreign Econoric Relations and
Trade (MOFERT) of the State Council in Beijing has passed instructions to all government-owned enterprises and firms
that all trading activities with Jacdinee have to be
terminated. This trade ban is even effective immediately to existing business co-operations with Jardines. It to said that the instructions have already been passed to all leveln
of government-owned business units, and Awill be issued in a couple of days.
34/3
Zolish 29/3
formal circuler
is
The authoritative source of information does not cllabetate
On the reasons for China's abrupt measure. Bowever, understood that China's punitive action
attributahle
its dissatisfaction with Jardines' support for
for the politicel
reforms of Chris Patten, 25 well 49 Jardines' lobbying
activities in the U.K.
the
On the other band, Our London correspondant had
had trieÅ f
contact, Jardines' director Sir Charles Fevell who had dow
returned from HK in order to ask for his
his comments
proposed action of Beijing. Unfortunately, our correspondenc
failed to get in touch with Sir Charles
practitioner of the financial sector in London was told the news, he said he was not surprised at all wuth China's action against Jardines.
Be
Yet, When
told our correspondent that, before china launched the attack on Jardines in December, the British Group had already learned the news.
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