TNAG-2749-FCO40-3964-Economic-situation-in-Hong-Kong-1993 — Page 43

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171402

62

MDLIAN

BELIEVE THAT IT IS OF GREAT IMPORTANCE FOR US TO FURTHER STRENGTHEN THIS COOPERATIVE RELATIONSHIP." HE REFERRED TO THE PBOC AND THE HKMA AS "THE TWO MONETARY AUTHORITIES", AND STATED VERY CLEARLY THAT "THE PEOPLE'S BANK OF CHINA WILL FURTHER STRENGTHEN AND DEVELOP OUR LINKS AND COOPERATION WITH THE MONETARY AUTHORITY UNDER THE GOVERNMENT OF THE SPECIAL ADMINISTRATIVE REGION, AND WILL NOT TAKE THE PLACE OF THE HONG KONG MONETARY AUTHORITY". THIS STATEMENT IS A HELPFUL REAFFIRMATION OF WHAT THE PREVIOUS PBOC GOVERNOR LI GUIXIAN SAID SOMETIME AGO AND REFLECTS THEIR RECOGNITION OF THE ROLE OF THE HKMA IN THE HKSARG.

5. A SYNOPSIS OF THE MAIN POINTS RAISED BY THE SPEAKERS FOLLOWS BY FACSIMILE.

PATTEN

YYYY

MAIN

72

.HK COMMERCIAL GENERAL

HKD

PUSD

ECONOMIC ADVISERS

ERD

FED

DISTRIBUTION

86

PLANNERS

RAD

PS

PS/MR GOODLAD

PS/PUS

MR CROWE

SIR J COLES

JOINT DIRECTORATE

LEGAL ADVISERS//MS BROOKS

.AND MS BARRETT

MR HUM

MR BONE

NEWS D

ADDITIONAL

14

MR MINGAY

CAOFF//MISS NEVILLE-JONES

CAOFF//MR SIBSON

DTI//PS/MR NEEDHAM

DTI//HD PEP

DTI//MR LOVE OT2

DTI//MS GRAY XAAAZ

ECGD//MR PENTECOST ECGD

HMT//MR S WOOD

HMT//MR MORTIMER

HMT//MS H ROBERTS

BANKE//MR C ELSTON

BANKE MR LATTER BANKE//MR CROCKETT CAOFF//MISS D CORNER

NNUM

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