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and for goods already in transit at the material timo.
Thoroaftor Hong Kong
oxports would be treated on the sano basis as exports from the mainland of
Consideration would also have to be given to the consequencos for
China.
the import arrangomonts for cotton toxtilos.
Conclusions and Recommendations
11.
In summary,
cur conclusions and recommendations are as follows:
In the context of a forcod evacuation
(1) Thoro would bo no possibility of protocting United Kingdom
property in the form of fixed physical assots such as buildings
(paragraphs 1 to 3 above).
(2) It would bo noccssary to block the substantial storling balancos
cf
hold by the Government and rosidonts, chiofly banks,
Hong Kong. This could bo dono within 24 hours. The groatost
caro would be necessary in public prosontation (paragraphs 4 to 7
above).
(3) Wo would nood subsequently to establish criteria under which sums
might bo roloased from the blockod balancos, but it is neither
nocossary nor practicablo to dotormino those criteria in advance
(paragraph 8 abovo).
(4) On the commercial policy front in the context of an evacuation,
whilo inmediato action would not be essential, it would probably
bo nooded within a fow wooks at most (paragraph 10 abovo).
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