TNAG-2494-FCO40-3626-Future-of-Hong-Kong-constitutional-development-Chinese-reac-1992 — Page 159

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(b)

(c)

CONFIDENTIAL

8

THE

The local business community is aware of

President-elect

MFN.

Clinton's tougher stand on

It is less aware that even if the PRC is

admitted

to the GATT, the MFN problem will not

disappear automatically.

In

trade

consequence, the constitutional package is

important in giving HKG and HMG a credible

voice in opposing the adoption of hostile

measures by the US or other parties.

Their credibility rests very heavily on being

able to demonstrate that Hong Kong is ruled by

administration which is progressing towards

an

democracy at

a rate which satisfies the

aspirations of the community as a whole.

THE FOREIGN CONSPIRACY

13.

the UK

The CPG's most effective allegation has been that

is part of an international conspiracy to damage the

PRC:

(a)

The

disintegration of the Soviet Bloc was the

outcome of a western campaign.

CONFIDENTIAL

機密