TNAG-2753-FCO40-3968-Budget-of-Hong-Kong-1993 — Page 20

¡CODE 18-77

Mr Whitney HKD

100/3

HKB 100/3

RECEIVED IN REGISTRY

23 MAR 1993

Reference.

DESK OFFICER INDEX

REGISTRY

PA

Action Taken

Bridgel file

1993 HONG KONG BUDGET

1.

I attach a brief summary and comment on the Budget speech. In short it has been well crafted. There are no real

surprises so China ought, in principle, to respond favourably this year.

Clentsch

L

Chrstopher Lane

Ecoconomic Advisers WH426B 270 2727

cc: Mr Broadbent

4 March 1993