CONFIDENTIAL
(c) Hong Kong Civil Aviation/Dragonair
6.
Kong.
Welcome expansion of civil aviation industry in Hong
7.
(Defensive) Applications for licences for scheduled
and charter services out of Hong Kong are in the first
instance matters for relevant authorities in Hong Kong.
(D)
8.
(E) Ningbo Steel Project
9.
Glad Davy Consortium have submitted preliminary feasibility report to Chinese authorities. Hope Chinese will soon give approval for full study to go ahead.
10. Present Chinese view of project?
11.
Enormous scale of project means that only part, at
most, could be financed under UK soft loan facility; but prepared to consider this, if it has support of central
Chinese authorities.
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CONFIDENTIAL
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