This is particularly true in the commercial field where,
mainly because of China's economic readjustment policies,
British export performance has been disappointing over
the last two years. At present China is a less valuable
market for us than, say, Taiwan and we are less important
suppliers for the Chinese than, say, West Germany and
major
the
Project
France. Winning contracts for Guangdong could transform
the situation.
4.
But above all it is with Hong Kong that we are
concerned.
Binding the Chinese into a stronger
trilateral relationship - China/Hong Kong/UK
could probl
with
major benefits for all participants can strengthen our political
as we embark on discumons about Hong Kong's future
hand/here as well as supporting confidence in Hong Kong.
It would demonstrate our commitment to long-term
enduring responsibilities and other ties. By corollary
there could be a damaging effect on confidence now if
GEC were seen to withdraw. Particularly in view of
previous government involvement it would be difficult to
dispel speculation that we were pulling out because of
uitz Chuna uncertainty about prospects for agreement over the future
of Hong Kong.
5.
think there is some evidence
Finally, I concur with your view that political
Kong
considerations, including (Hong Kong and the excellence of UKIChua
Our bilateral relations, make our prospects of winning this
contract rather greater than GEC appear to believe. We
should very much regret their withdrawal.
не
the vey good velations Hat exis befween
Houghang ching percly cité Grande
Drenice)
6.
I am
copying this letter to Kenneth Baker.