TNAG-1489-FCO40-2046-Hong-Kong-and-the-Asian-Development-Bank-1986 — Page 106

CONFIDENTIAL

GRS 150

CONFIDENTIAL

FM HONG KONG

TO IMMEDIATE FCO

TELNO 718

OF 07094OZ MARCH 86

INFO IMMEDIATE PEKING

YOUR TELNO 444 : ASIAN DEVELOPMENT FUND.

APOLOGIES: THE THOUGHT WAS EXCESSIVELY CONDENSED. HAVING BUILT UP CHINESE SUPPORT IN THE JLG FOR OUR CONTINUED MEMBERSHIP IN THE ADB, WE ARE NATURALLY ANXIOUS NOT TO LOSE THEIR CONFIDENCE AGAIN BY SOME INSUFFICIENTLY CONSIDERED MOVE IN THE BANK E.G. BY ANY ACTION THAT MIGHT CONCEIVABLY SUGGEST TO THEM THAT WE WANTED TO TAKE THEM FOR A FINANCIAL RIDE POST 1997 OR THAT WE WERE ABOUT TO EXCEED THE LIMITS OF PARLIAMENTARY AUTHORITY ON WHICH THEY HAD BEEN BRIEFED IN THE JLG.

2. HN PRACTICE WE AGREE THAT OUR PROPOSED ACTION SHOULD DO NEITHER. WE ARE REASSURED BY THE COMMENT IN PEKING TELNO 337. PROVIDED WE

INFORM THE CHINESE IN THE RIGHT MANNER AND AT THE RIGHT TIME (AND WILSON AGREES THAT WE SHOULD) WE DO NOT SEE A SERIOUS PROBLEM. WE SHALL RECOMMEND IN DUE COURSE EXACTLY HOW AND WHEN TO APPROACH THE

CHINESE.

YOUDE

HKK102/7

EGISTRY

10 MAR 1986

faken

руб

HONG KONG AGREEMENT: RESTRICTED

LIMITED

HD/HKD

HD/FED

RESEARCH D (FE)

DEP/HD PUSD

PS/MR RENTON MR WILSON

COPIES TO:

MR FIFOOT, LEGAL ADVISERS

MR WOOD LEGAL ADVISERS

MR HUM FID

CONFIDENTIAL

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