TNAG-2472-FCO40-3599-Confidential-talks-between-the-UK-and-China-regarding-financ-1992 — Page 131

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

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DE: MLH0945

INTERNATIONAL DIVISIONS

BANK CONFIDENTIAL

Mais locke

Telephone:

071-601 4265

1.

Ar Bwns

Facsimile: 071-601 5561

the Broadbent

Nigel Cox Esq

Hong Kong Department

1011

BANK OF ENGLAND Threadneedle Street

London

EC2R 8AH

In Ricketts ✓17 March 1992

& Ande

2. Ar Stone Carey taken.

Foreign & Commonwealth Office

Whitehall

London

SW1A 2AF

in

23/14

Pa

See (18

BURNS

to

Hifare.

صلت

ms

2313

Dear Nigel

I promised to let you have thoughts about issues or events on which

Andrew Burns might want to keep a weather eye when he embarks on his proposed series of six-monthly meetings with the Hong Kong

Government.

The following list verges on the random, is in no particular order

of priority and probability, is no doubt far from comprehensive and contains many items which you will almost certainly have in your minds already.

Political representation

US MFN status for China

US Section 301

Privatisation of management of tunnels

Defence lands

Air services

TV franchises/corporatisation

Inflation

Pressure on the exchange rate link

Publication of Exchange Fund balance sheet

PADS cost over-runs and pressure on budget Introduction of a VAT-type consumption tax

Land sales (especially PADS-related)

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