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075 3 MDHOAN 63
YET RECEIVED CHINESE GOVERNMENT APPROVAL TO DO SO. HE DOES NOT FIND THIS SURPRISING, AS THE CHINESE MAY BE BIDING THEIR TIME UNTIL THE LAST MINUTE IN ORDER TO BACK THE WINNER, BOTH FOR REASONS OF FACE AND IN ORDER TO ENSURE THAT THEIR BEST COMPANIES ARE INVOLVED. THIS COULD PRODUCE LAST MINUTE COMPLICATIONS FOR SOME CONSORTIA. ON THE OTHER HAND IT COULD MERELY BE A EXAMPLE OF THE USUAL CHINESE BUREAUCRACY AT WORK. WE WOULD BE
INTERESTED IN YOUR COMMENTS.
4.
MALWYN JONES FLYS TO PEKING TODAY FOR DISCUSSIONS
WITH CITIC AND THE BANK OF CHINA. HE CAN BE CONTACTED AT THE JIANGUO HOTEL AFTER MIDDAY, AND WILL BE RETURNING ON SUNDAY OR MONDAY. GRATEFUL IF PEKING COULD OFFER HIM ASSISTANCE IF HE NEEDS IT. IT WOULD BE INTERESTING TO KNOW WHAT CHINESE INTENTIONS ARE REGARDING CITIC AND OTHER CHINESE COMPANIES IN RESPECT OF AIRPORT CONTRACTS.
5.
BALFOUR BEATTY ARE HOSTING A LUNCH FOR THE CHINESE
VICE-PREMIER NEXT MONDAY AND WE WILL TRY AND GLEAN SOMETHING OF
CHINESE INTENTIONS THEN.
HURD
YYYY
MAIN
20
LIMITED
HKD
FED
NNNN
DISTRIBUTION
20
SIR J COLES
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