TNAG-2346-FCO40-3415-Political-relations-between-Hong-Kong--Japan-and-China-1991 — Page 155

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MAINTENANCE OF HONG KONG'S PROSPERITY AND FEAR THAT FAILURE OF THE PROJECT COULD HAVE A SERIOUS EFFECT ON CONFICENCE IN HONG KONG AND THUS ON THE ECONOMIC GROWTH OF SOUTH CHINA.

5. ON OTHER MATTERS, MIYAMOTO COMMENTED THAT JAPAN'S DEBRIEF ON THE HOUSTON SUMMIT LAST YEAR TO THE CHINESE HAD TAKEN PLACE ONLY BECAUSE THE US HAD BEEN RELUCTANT TO DO SO. THEY HOPED THAT THIS YEAR THE UK WOULD TAKE ON THEIS TASK. ASKED ABOUT AID TO CHINA, MIYAMOTO SAID THAT KAIFU'S VISIT IN AUGUST WOULD BE A SUFFICIANT GESTURE IN ITSELF: AT THIS STAGE THE JAPANESE SAW NO NEED TO BRING ANY MAJOR NEW INITIATIVE ON AID OR ECONOMIC COOPERATION. A CHINESE REQUEST FOR AN ENERGY LOAN OF YEN 700BILLION WOULD STILL BE UNDER CONSIDERATION.

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