TNAG-1270-FCO40-1620-Financial-policy-in-Hong-Kong-1983 — Page 81

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OO HONG KONG

GRS 155

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FM FCO 111145Z OCT 83

TO IMMEDIATE HONG KONG

TELEGRAM NUMBER 1030 OF 11 OCTOBER

FOLLOWING PERSONAL FOR GOVERNOR FROM CLIFT

FINANCIAL MEASURES

1. WE HAVE BEEN TOLD THAT A JOURNALIST FROM THE HONG KONG ECONOMIC JOURNAL TELEPHONED GOODHART THIS MORNING

IN THE BANK OF ENGLAND. THE EXCHANGE RAN ROUGHLY AS FOLLOWS

Q. I UNDERSTAND THAT YOU WERE RECENTLY IN HONG KONG.

A

NO COMMENT

Q: DO BANK OF ENGLAND OFFICIALS VISIT HONG KONG FROM TIME TO TIME?

A

YES, IN ORDER TO KEEP A GENERAL EYE ON DEVELOPMENTS.

Q:

A:

WOULD THE BANK OF ENGLAND ADVISE THE HONG KONG GOVERNMENT? ONLY IF INVITED TO DO SO.

2. NO REFERENCE WAS MADE TO THE PRESENCE IN HONG KONG OF A TREASURY OFFICIAL.

3. WE SHOULD FIND IT HELPFUL TO KNOW AT ONCE IF A STORY APPEARS IN TOMORROW S ECONOMIC JOURNAL OR ELSEWHERE IN THE HONG KONG

! MEDIA. IF APPROACHED BY JOURNALISTS WE SHALL STONE-WALL. IN ANY EVENT, WE SHALL NOT GO BEYOND THE LINE IN PARAGRAPH 2 OF FCO TELNO 997.

HOWE

¡

NNNN

DISTRIBUTION

LIMITED

HD HKD

HD ERD

NEWS D,MR ROBERTS

PS

PS/MR LUCE

PS/PUS

MR GIFFARD

MR EVANS

MR DONALD

COPIES TO

MR D PERETZ TSY

MR D HOLLAND B OF ENG

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