§ 25. Mr. DunnTo ask the Secretary of State for Foreign and Commonwealth Affairs what assessment he has made of the safeguards in place to protect British-owned assets and investments in the Crown colony of Hong Kong, on the return of the colony to the People's Republic of China in 1997; and if he will make a statement.
§ Mr. GoodladThe laws of Hong Kong will safeguard all foreign-owned assets and investments after 1997, as they do now. This will include British-owned assets and investments. The Sino-British joint declaration of 1984 provides for the continuation of the legal and financial systems which are the foundation of Hong Kong's status as an international centre of finance.