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ANGLO-US INFORMATION TALKS : WASHINGTON: 20 NOVEMBER
HONG KONG
CHINA'S MOST FAVOURED NATION STATUS (MFN)
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We are grateful for US acknowlegement and support of Hong Kong's difficult position. on this issue in the past.
Non-renewal of MFN would have serious
consequences for Hong Kong's economy.
We support unconditional renewal of China's
MFN: conditional renewal would produce uncertainty and erode confidence in Hong Kong.
- US interests in Hong Kong (which are considerable)
would also be damaged by non- or conditional
renewal.
- We believe that the way to change China is not
through punitive economic measures.
BACKGROUND
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