TNAG-1840-FCO40-2615-House-of-Commons-Select-Committee-on-Foreign-Affairs-enquiry-1989 — Page 163

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CONFIDENTIAL ##

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Section VI

5.

(a)

(b)

(c)

(a)

(e)

(f)

Para 15, last sentence. Reword : surfaced during the negotiations uncertainty, and exacerbated characterised by......"

"Fears which

added to the a situation

Para 16, first sentence. Reword the.......Hong Kong

Kong has

has again economic growth";

Para 16, third

"Since

enjoyed rapid

third sentence. Replace "about 7 to 8 per cent" with "around 6 per cent";

Para 16, fourth sentence. Replace the part up to "providing" with "The link between the Hong Kong dollar and the US dollar, which was established in September 1983, continued to provide ......

Para 16, fifth sentence. Reword : "The traditional

has continued to revive

H

......";

Para 16, sixth sentence. Reword: "Investment in Hong Kong, particularly in plant and machinery, has grown substantially";

(g)

sentence. Para 16, seventh economic

rapid pace :

(h)

Section VII

Reword

:

"The

has continued to develop at a

between Hong Kong firms and enterprises in

in the southern

Hong Kong is now the most important sourcé of outside investment in China, accounting for some two-thirds of such investment.";

Para 17. Replace first nine words by "Today";

in line "which" replace "what" by

line 6; delete "significantly" in last line.

6.

(a)

(b)

(c)

Para 19, first

19, first sentence. half of" with "during".

Replace "in the first

Para 19, second sentence. After "a separate customs territory" change to "including its participation in the GATT, action to ensure the continued application of international rights and obligations affecting Hong Kong, procedures to be adopted for the smooth transition in 1997, and action to assist the Hong Kong Special Administrative Region to maintain and develop economic and cultural relations with states, regions and relevant international organizations."

Para 21, third sentence. Replace "permanent" with "standing".

CONFIDENTIAL

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