ގނ
as dictated once again by Peking, is how
as it did Bodme
concentrating on maximising the economic benefits it derives from Hong Kong in British
hands.
[Take in slap]
The basic threat is the possibility of a
The basic threat
The possibleton
of a calculated change in Peking's policing
Forwards Hong Kong,
st- has been with us
and this remais.
ever since 1949.
Chinese policy has, however, been essentially,
pragmatic and
not easily turned by
Considerations of short term advantage.
over Hong Kong
In are relations with them
we have had
our ups and downs,
czw
alarums
and excursions
en The 50's
Fong, and
er since
Dur
Dur
have
ld not
т
bion
hnel loan
eason to
al risks, stifiable
Is able to
hts, it
uld
O seem
claim
>
as well as the 60's. But thew poking
has,
economia
for strong reasons of eco advantage, remained consistently firma
maintaining the status quo in Hong Kong.
on
timé
Lue
world not-expect any unmport and change In this respect before 12 1980's by which The Funnel loan will have been repaid
St does seem to me
Therefore that the hohtread risk cannot be held to justify the cherens condition of a joint quarantee and that, unless ECG) have good reason to change Dew assessment of Ind commerce and wishe
Kong;
rd it as
not
resources,
the
ning
e
if
hnique el tube;
in
urable
nt.
if the
t to
In all the circumstances I would ask that the need for such stringent conditions for ECGD cover of the loan is given further and
careful examination.
a
intention ser olmay
Sunce Core Claque has indicated am uma for her approach to the PM. I am ser a copy of this letter to the Prune Boater's offis fring
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