TNAG-0299-FCO40-335-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 28

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

NOTHING TO BE WRITTEN IN THIS MARGIN

CONFIDENT IA L

The

Turning to economic aspects, certain countries such as the Philippines, Burma, Thailand and

Singapore had balance of payments difficulties. trend in Indonesia however was towards greater stability. Japan wish to expand her economic,

co-operation. The Unites States could not be

expected to increase their aid to South East Asia.

A consultative group had been formed with respect to the Philippines. Some European countries would participate and he hoped that the United Kingdom would

join in.

Sir Alec Douglas-Home

said that our analysis of

the situation in Indonesia, Cambodia, and Laos was.

similar. China had so far shown restraint. lle did

not believe that the North Vietnamese would want

Chinese dominance in peace-time. WhenChou En-lai was in North Vietnam in March he was very circumspect.

He was nevertheless not less hostile towards America

or disposed to make the American withdrawal easier.

China did not need to devote much effort to the

continuation of the war. We must hope that the

South Vietnamese would be able to hold their own. The Americans seemed surprisingly confident that they

would. The success of the Laos incursion was 50-50.

The Americans had recently suffered a reverse in

Cambodia. Nevertheless they had freed a considerable

Moreover even after their proposed withdrawal a significant force (184,000) would remain. The Air Force would probably not withdraw quickly.

area.

dak

2

Bag

CONFIDENTIAL

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