TNAG-1270-FCO40-1620-Financial-policy-in-Hong-Kong-1983 — Page 70

HKK

FL:

10017

20 OCT 1983

HOFO 022/11

ZZ FCO

GR 30

УХХ

65

ADVANCE Copy

FLASH

SECRET

FM HONG KONG 110745Z OCT 83

TO FLASH FCO

TELEGRAM NUMBER 1504 OF 11 OCTOBER

REF MY TELNO 1501

64) PLEASE AMEND PARA 28 SECOND SENTENCE TO READ

Ad LARED

Ar. Hum

(Distributen Copen amended)

QUOTE ITS INTRODUCTION WOULD SHIFT THE BURDEN OF CONFIDENCE

CRISES ONTO BANKS AND BORROWERS AND THENCE ASSET PRICES, INSTEAD

OF ONTO THE EXCHANGE RATE AND THENCE CONSUMER PRICES. UNQUOTE.

ERROR REGRETTED.

YOUDE

NNNN