UNCLASSIFIED
123645
MDLIAN 9126
5. AT THE SAME TIME, PRO-CHINA FIGURES WERE ALSO MAKING SIMILAR COMMENTS ON VETTING OF CONTRACTS STRADDLING 1997. TSANG YOK-SING, CHAIRMAN OF DEMOCRATIC ALLIANCE FOR THE BETTERMENT OF HONG KONG, WAS REPORTED TO HAVE SAID THAT CHINA SHOULD SET UP A VETTING ORGANISATION AS SOON AS POSSIBLE TO ALLAY INVESTORS' CONCERNS.
SUCH AN ORGANISATION, DERIVING ITS AUTHORITY FROM THE NPC STANDING COMMITTEE, SHOULD BEST BE SET UP IN SHENZHEN TO AVOID THE POSSIBLE REGISTRATION PROBLEM IN HONG KONG. LEUNG CHUN-YING, HONG KONG AFFAIRS ADVISER AND FORMER BLCC SECRETARY GENERAL, WAS ALSO QUOTED AS SAYING HE BELIEVED IN RESPONSE TO THE CURRENT
SINO-BRITISH ROW, CHINA WAS MAKING COMPREHENSIVE ARRANGEMENTS FOR THE RESUMPTION OF SOVEREIGNTY ON HONG KONG AND INDICATIONS OF
SUCH ARRANGEMENTS WOULD EMERGE SHORTLY.
PATTEN
YYYY
ΜΑΙΝ
30
DISTRIBUTION
36
.HK AIRPORT POLITICAL
HKD
LEGAL ADVISERS//MISS BROOKS
PUSD//HD
ECONOMIC ADVISERS//HD
ERD//HD
FED//HD
NEWS D//HD
PLANNERS//HD
RAD//MR WYE
PS/MR GOODLAD
PS
PS/PUS
SIR J COLES
MR APPLEYARD
MR BONE
MR HUM
ADDITIONAL
CAB OFF//SIR R BRAITHWAITE
CAB OFF//MS D CORNER
CAB OFF//MR SIBSON
CAB OFF //MISS NEVILLE-JONES BANKE//MR ELSTON
HMT//MR MCINTYRE
NNNN
PAGE
2
UNCLASSIFIED