TNAG-2243-FCO40-3224-Most-favoured-nation-status-for-China-impact-on-Hong-Kong-1991 — Page 7

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011021 MDHOAN 6133

MIGHT BE IMPOSED IN LATER YEARS. THE RESULTING UNCERTAINTY WOULD BE A MAJOR DISINCENTIVE TO INVESTMENT IN HONG KONG, AT A CRITICAL TIME IN ITS HISTORY.

ENDS

HURD

YYYY

ΜΑΙΝ

71

LIMITED

HKD

FED

NAD

ERD

DISTRIBUTION

71

RAD

NEWS D

PS

PS/LORD CAITHNESS

PS/PUS

JOINT DIRECTORATE EAPD/ODA

SIR J COLES

MR BAYNE

ECONOMIC ADVISERS

MR MILES

ESAU

MR BURNS

ESED

NNNN

PAGE

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