TNAG-2471-FCO40-3595-Confidential-talks-between-the-UK-and-China-regarding-financ-1992 — Page 93

SECRET

SECRET

FM HONG KONG

TO IMMEDIATE PEKING

TELNO 8

-

OF 10053OZ FEBRUARY 92

INFO IMMEDIATE F C 0, UKREP JLG HONG KONG

PEKING:

FCO:

PERSONAL FOR AMBASSADOR

PERSONAL FOR RICKETTS, HKD

TOP COPY Q DIST?

M

30

077453

MDHIAN 2383

UKREP JLG:, PERSONAL FOR GALSWORTHY

30

OUR TELNO 358: CONFIDENTIAL FINANCIAL DIALOGUE: ADMINISTRATIVE ARRANGEMENTS.

WE ARE SENDING YOU BY BAG THE FOLLOWING:

(A) PAPER ON OPERATION OF MONETARY POLICY OCT 91

JAN 92:

AND

(B) PHOTOCOPIES OF THE PHOTOGRAPHS OF NEW BANK NOTES AND A

SHORT COVERING PAPER.

2.

GRATEFUL IF YOU WOULD PASS THEM TO THE CHINESE BEFORE THE MEETING. ON (B), THE HONG KONG TEAM WILL BRING WITH THEM THE COLOUR PHOTOGRAPHS AND TABLE THEM AT THE MEETING.

3 =

WE WILL TELEGRAPH SEPARATELY TO YOU, FCO AND JLG THE TEXT OF THE DRAFT SPEAKING NOTE ON THE DISCLOSURE OF INFORMATION ON THE EXCHANGE FUND AND THE DRAFT PAPER ON LIQUIDITY ADJUSTMENT FACILITY.

THE HONG KONG TEAM (NENDICK, YAM, CHAN, BRADLEY AND KING) WILL ARRIVE PEKING ON SUNDAY 16 FEB AT 1300 ON CZ309. NENDICK WILL RETURN TO HONG KONG ON MONDAY 17 FEB ON CZ310 (DEPARTURE TIME 1400). THE REST OF THE TEAM WILL LEAVE PEKING THE NEXT DAY (18 FEB) AT 1200 ON KA329.

5.

GRATEFUL IF YOU WOULD RESERVE 5 SINGLE ROOMS, PREFERABLY AT THE PALACE HOTEL, FOR THE TEAM.

WILSON

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