TNAG-0005-FCO40-41-Departmental-briefs-about-Hong-Kong-1968 — Page 80

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

DJ. 32855 Ed (4200)

NOTHING TO BE WRITTEN IN THIS MARGIN

Confidential

probably put her in the van of any reinsurance

movement.

33 To what extent would a South East Asia,

intent on good relations with Peking, be detri-

mental to Western interests? Would the northern

tier become a number of A

ostrich-like

apprehensive/Burmas closed to any significant

Western penetration? Or would there still be

scope for Western economic aid and commercial

effort, so that after an initial Bush towards

Peking the countries might settle back into a

balanced posture (or even a grouping) in which Western interests could still develop?

34 Regional cooperation in South East Asia x

-

as a whole or in either the northern or scuthern

tiers seems to offer the best hope of arderly

economic development and maximum freedom from

Chire se domination. There have been, and still

are, efforts to co-operate on a regional basis

('Maphilindo', ASA (now ASEAN), ASPAC, Asian

Development Bank). But such efforts are severel

hampered by particular rivalries Thailand/

Cambodia; Malaysia/Philippines; Malaysia/Singa-

pore. The prospects are probably brighter in.

the southern tier where Indonesia, with a popula

tion of over 100 million and great natural

wealth, is a natural focus for co-operation.

with outside aid, she is able to surmount her

..conomic and internal problems and avoid a

rosurgence of Communism, she is bound to be

second only to Japan in any eforts towards

regionalism in South East Asia. But, alterna- tively, a chaotic Indonesia could revert to an

/expansionist

If

1-

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