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SECRET UK EYES ALPHA
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GRS 148
SECRET
UK EYES ALPHA
FM FCO 021000Z JUN 83
TO PRIORITY HONG KONG
TELEGRAM NUMBER 504 OF 3 JUNE
AKK
690/4.
RECEIVED IN REGISTRY
16 JUN 1983
DESK OFFICER
INDEX
REGISTRY
PA
Action Tak
PERSONAL FOR GOVERNOR FROM CLIFT
1.
DURING THE JIC DISCUSSION OF JIC(83)(N) 85 'THE THREAT
TO HONG KONG' INTEREST WAS EXPRESSED IN THE REFERENCES TO THE
DANGERS WHICH MIGHT ARISE FROM AN EROSION OF CONFIDENCE IN
HONG KONG'S FUTURE. WE AND ASSESSMENTS STAFF HAVE BEEN FOLLOWING
THE FALL OF THE HONG KONG DOLLAR AND THE TENDENCY TO TRANSFER
INVESTMENT TO US DOLLARS. WE HAVE BEEN WONDERING WHETHER IT
MIGHT BE HELPFUL TO MINISTERS IF THE JIC WERE AT THIS STAGE TO
PRODUCE A PIECE POSSIBLY ENTITLED 'CONFIDENCE IN THE HONG KONG
ECONOMY'. WE WOULD OF COURSE NEED TO BE CAREFUL TO AVOID
COMMENTING ON HONG KONG GOVERNMENT POLICY.
2.
IF YOU AGREE THAT SUCH A PIECE WOULD BE USEFUL WE WOULD OF
COURSE TAKE FULL ACCOUNT OF YOUR VIEWS IN DRAFTING IT, AND INDEED
SHOULD BE GRATEFUL FOR SUGGESTIONS ON ITS FORM.
PYM
NNNN
DISTRIBUTION
LIMITED
HKD
COPIES TO:
MR MARTIN, ASSESSMENTS STAFF,
CABINET OFFICE
FED
MR DONALD
1
SECRET UK EYES ALPHA
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