TNAG-1235-FCO40-1548-Future-of-Hong-Kong-1983 — Page 27

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PP HONG KONG

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Mr Hoove

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TELNO 183 OF 24 JANUARY 1983,

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INFO PRIORITY HONG KONG (PERSONAL FOR GOVERNOR), PEKING (PERSONAL

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FOR HM AMBASSADOR).

FOR CLIFT FROM HALL

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YOUR TELNØ 2174: HONG KONG: NEWSPAPER ARTICLES

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Copy

Attached

1. FOLLOWING THE ARTICLE BY ROBERT KEATLEY IN THEIR 13 DECEMBER EDITION, WALL STREET JOURNAL ARE UNLIKELY TO COVER THE SAME TOPIC IN THE IMMEDIATE FUTURE. HOWEVER, THE IMPENDING VISIT OF SECRETARY SHULTZ TO ASIA WILL SHARPEN INTEREST IN THE SUBJECT, AND WE WILL FOLLOW UP WITH THE JOURNAL.

2. BEST NEW TARGETS ARE TIME AND NEWSWEEK. GOMERSALL AND I

HAVE BRIEFED JOHN WALCOTT, DIPLOMATIC CORRESPONDENT OF NEWSWEEK. HE EXPRESSED SOME INTEREST, COMMENTING THAT THE PRESENT CHINESE

CAMPAIGN CONTRASTED WITH THEIR MORE RELAXED AND REALISTIC ATTITUDE

ON HIS LAST VISIT TO PEKING IN 1981. HE WILL ACCOMPANY SHULTZ TO

ASIA, AND SPEAKS OF CALLING ON BRITISH OFFICIALS THERE. WE GAVE

HIM THE NAMES OF ATKINSON (PEKING) AND MARGOLIS (HONG KONG). I 1

SUGGEST THOSE CONCERNED SHOULD REINFORCE THE BRIEFING WE GAVE

MIM.

3. WE HAVE TODAY ALSO BRIEFED RUSS MONRO OF TIME MAGAZINE, AN ASIA HAND NOW COVERING INTERNATIONAL ECONOMIC ISSUES. HE IS

KNOWLEDGEABLE AND WELL DISPOSED ON THE ISSUE, THOUGH PESSIMISTIC ON FUTURE PROSPECTS. WE EMPHASISED THE DESIRABILITY OF US BUSINESS GETTING ACROSS TO THE CHINESE THEIR VIEW OF THE FACTORS WHICH CREATE CONFIDENCE IN HONG KONG.