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CONFIDENTIAL
all HKG's assets will pass to the CPG anyway
10. There are obvious dangers in our raising this subject with the Chinese and it would probably be better to do so later rather than sooner. We might in the meantime consider
whether there would be any opportunity to obtain a better indication of their thinking on when they propose to establish
the SARG, and to quietly impress on them the enormous legal
and practical difficulties which would result from any
delay in the creation of the SAR/SARG. This would
not necessarily have to be done through government channels.
Proposed Way Forward
11. It is proposed that following discussion of this paper a
revised paper be prepared and that comments be sought from
HKG, Peking and UKREP JLG.
CONFIDENTIAL
assets.paper/MONEY/bp