TNAG-2693-FCO40-3896-Meetings-and-calls-on-Alastair-Goodlad--Minister-of-State-fo-1993 — Page 24

CONFIDENTIAL

MR GOODLAD ́S MEETING WITH MR HAMISH MACLEOD ON MONDAY

21 JUNE (10.30)

POINTS TO MAKE

Airport

How

The Airport Committee meeting on 18 June was encouraging. far can HKG go in increasing its equity injection? Do you have

any feel for what figure the Chinese might ultimately accept?

Economy

-

- Some concern about Chinese economy overheating. Could this

effect Hong Kong? What is the significance of recent

devaluation of the RMB for Hong Kong?

LeqCo

- How are relations with LegCo, particularly Finance Committee? Is HKG experiencing any serious difficulty in getting approval for its expenditure proposals?

Talks with the Chinese

How is the mood of the business community in Hong Kong?

Confidential Financial Dialoque

Pleased to see that progress continues to be made through this

channel despite difficulties with the Chinese in other areas.

- Note that another meeting is due to be held on 10 July in

Peking and that HKG are proposing extension of the Treasury

Bills Programme.

CONFIDENTIAL

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