TNAG-2016-FCO40-2871-Relations-between-Hong-Kong-and-Japan-1990 — Page 96

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

HK/ Japan file

R1/10

Mr Burns

HENRY KESWICK

CONFIDENTIAL

35

жк в ого’z

FROM:

A R Paul

Hong Kong Department

DATE:

9 October 1990

CC:

PS/Lord Caithness

Mr McLaren

Miss Marsden

1.

Henry Keswick telephoned me late on 8 October to pass on

a few snippets of information which he had picked up during

his recent visit to Japan and Hong Kong.

2. Mr Keswick said that while in Japan, he had been struck

by the negative attitude which senior Japanese businessmen

were adopting towards the new airport. The Chairman of the Japan Hong Kong Society, and a former Consul General in Hong Kong, Mr Okeda, had told him that there was no way Japan

could provide finance for the airport without a Chinese

Government "guarantee". I commented, and Mr Keswick agreed,

that this approach ignored the stipulations of the Joint Declaration which provided for Hong Kong's autonomy in financial matters. Mr Keswick went on to say that the

people he had spoken to suggested that the odds were against

the project going ahead. They claimed to be very sceptical

about the feasibility of the financing of the project.

3. Mr Keswick said that the Japanese were taking a

generally very cautious attitude towards Hong Kong's future.

I questioned this, pointing out that this hardly squared with the growth in Japanese investment in recent years.

Mr Keswick denied that this was so. The Japanese were not investing in a big way. They were certainly not committing

CC7ADP/1

CONFIDENTIAL

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