TNAG-2118-FCO40-3024-Future-of-Hong-Kong-general-1990 — Page 48

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

5.

The blunt truth is that China has always

had the capacity to intervene decisively in

Hong Kong's affairs.

difference to that.

for two reasons.

1997 makes no serious

They have never done so

One is that it would have

breached China's international legal

obligations. The other is that it would

destroy an economic dynamo increasingly

important for China. Both of these factors

will be as powerful in the years after 1997

as they have been in the past. In that lies

Hong Kong's best surety for the future.

6.

It is unrealistic to expect the Basic

Law to be exactly as we want. It is after

all, a Chinese law designed to operate both

for Hong Kong and for the relationship

between Hong Kong and mainland China. Yet

the bulk of that law, perhaps 95%

of it, faithfully reflects the text of the

Joint Declaration, painstakingly negotiated

between the British and Chinese

Governments.

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