for Hong Kong. We were therefore negotiating throughout
for the best we could get, pressing very hard, but avoiding
a breakdown, for which Hong Kong would have to pay. The
same reasoning informed our dealings with Peking after
1984, particularly in the exchanges over directly elected
seats in the Hong Kong legislature.
On the Chinese side, the arguments for negotiation
were less compelling: they were in a position to dictate.
But they sought the benefits which a peaceful and agreed
transfer of power offered in terms of economic gain,
China's international standing and, above all, the
prospects of reunification with Taiwan. Overt use of force
or blackmail over Hong Kong would destroy the hopes,
which, happily, they still entertained, of recovering the
most important piece of lost national territory. For these
reasons they were ready to treat, to offer reasonable
terms and to honour their new obligations as they
interpreted them.
But in Britain the 1984 agreement, however successful
and skilfully accomplished, left among many an uneasy
feeling, an ill-defined sense of guilt. I recall being
asked by Peter Hennessy, in an interview in 1984, whether
there was not a parallel with Yalta and the transfer then
of large numbers of Russians to Stalin's mercies. I
thought it a bad analogy and said so: there might have been
some relevance if we had done nothing; as it was, we had
provided the most elaborate protection possible. But the
fact that such a question could be posed, and by a well-
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