TNAG-2248-FCO40-3231-Trade-investment-conferences-concerning-Hong-Kong-1991 — Page 68

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

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рив [ NGB 121/3

FROM:

DATE:

M V Stone

116 SEP 1991

Hong Kong Department

16 September 1991

Mr Ricketts PS/Lord Caithness

i

CC:

Mr Burns

Mr St

1/

A/

fee

Jelow

LORD CAITHNESS' DINNER WITH LU PING: ANALYSIS OF LU PING'S

SPEECH ON 16 SEPTEMBER

1.

(17

Before his Dinner with Mr Lu Ping this evening,

Lord Caithness may wish to glance at the draft speech Mr Lu

made at the Smith New Court Finance Conference today. As

one would expect in such a setting, the speech is pretty up-beat and does not raise any particularly sensitive or new issues. But the following points are worthy of note:

(a) SAR Political Structure. Lu Ping goes into considerable detail on the economic, financial and trading

provision set out in the Basic Law. Given the audience this

is understandable. However he makes no mention of the

political framework laid down in the Basic Law nor does he

touch on the LegCo elections which have just taken place. The inference seems clear: political development is not an important factor in the continuing stability and prosperity of Hong Kong. (But we have not yet had a read-out of what he actually said at the conference or any questions he may have answered).

(b) Chinese non-interference. Mr Lu goes to some trouble to reassure investors that China understands that its

RAMABI/1

TG

23

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