Againi Unlikely
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firmly in
CONFIDENTIAL & COMMERCIAL-IN-CONFIDENCE
UK firms are actively pursuing opportunities. Anderson Long Wall has, I understand, recently won a major
a major order. In textile machinery, Bonas, which makes textile machinery sees some promising opportunities in Hong Kong and China.
with Chinese
5.
Second, I can well understand why you were looking at UK companies interests in Hong Kong and China. It occurs to us, however, that the position in the other direction is sometimes as important. I have no particular examples to report from my sectors. Perhaps the only example is Hutchinson Telecom who are a significant part of the competitive environment which the Government has created in telecommunication services. If the plug were pulled on that operation, it would be a significant blow for the Government's policies.
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T J SOANE
E2030317\MEADWAY\TIS
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