TNAG-2679-FCO40-3876-British-Trade-Commission--Hong-Kong--and-China-Trade-Unit-re-1993 — Page 7

10-DE_−1996 114AS

"BRITISH TRADE COMMISSION

RESTRICTED

Reference

3.

P.04

Russell expected the negotiations to end up with about one-third held by C&W, one-third by mainland Chinese and

It would reach that position in stages. one-third by Marconi.

When that

Wie higgest fear was of a change of Governor. happened, the outgoing Governor took virtually the whole government with him and the new people had to start from scratch. Meanwhile, he thought that C&W had made a dramatic

They had also improvement in the operation of the company.. run down the number of expatriates to the current level of 15 British in an overall staff of 1,000.

شمی

30 November 1993

Francis Cornish

CODE 18-77

RESTRICTED