TNAG-2195-FCO40-3132-Hong-Kong-nationality-package-1990 — Page 245

QA5.6

with much larger numbers seeking admission. Bill does not

imply lack of confidence by Britain in the Joint Declaration, but recognises the fact of rising emigration. China's reaction not fatal to our objectives; her treatment of persons registered under the Bill is in any case bound by the terms of

the Joint Declaration. The scheme not elitist or divisive.

UK's economic state in, as well as duty to, Hong Kong (£4

billion trade, £19 billion stock market value of British-

owned, controlled or managed companies).