MONTHLY REPORT--HONG KONG BUREAU--OCTOBER 1983

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP86-00040R000100210003-9
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 5
• Document Creation Date: December 21, 2016
• Document Release Date: June 2, 2008
• Sequence Number: 3
• Publication Date: November 4, 1983
• Content Type: MEMO

Approved For Release 2008/06/02 : CIA-RDP86-0004OR000100210003-9
FOREIGN BROADCAST INFORMATION SERVICE
HONG KONG BUREAU
MHK-3013
4 November 1983
MEMORANDUM FOR: Director, Foreign Broadcast Information Service
THROUGH: Chief, Operations Group
SUBJECT: Monthly Report -- Hong Kong Bureau -- October 1983
Hong Kong Talks -- The latest round of talks between Britain and the PRC
on the future of Hong Kong, which ended in Beijing on 20 October, appear to
be the most positive since negotiations began. Both sides termed the talks
"constructive" and Prime Minister Thatcher, in a BBC interview, expressed her
optimism over these and the next round of talks to be held in November. The
upbeat expressions have had little visible effect on Hong Kong, however,
where residents remain skeptical about their future.
Local Currency -- The Hong Kong Government intervened further during the
month to prop up the local currency, which recently plunged to HK$9.55 against
the U.S. dollar, pegging it to the U.S. currency at a rate of HK$7.80. The
government also abolished the withholding tax on Hong Kong dollar deposits in
a bid to bolster the economy. Thus far the exchange rate has stayed around
the official peg.
Typhoon Season -- The bureau closed six hours early on 13 October after
the number eight signal was hoisted for typhoon Joe. The typhoon, which had
followed an erratic course from its beginning, veered away from Hong Kong
during the evening, causing minimal damage.
II. VISITS
To The Bureau:
1. Donald McDonald, INR, on 7 October to discuss consumer requirements
and feedback.
2. I IFBIS admin staff, 20-26 October. The
visitors and the bureau chief met with the consulate's personnel officer and
representatives of the bureau's local staff to discuss the new FBIS classifi-
cation system and bureau wage scale and staffing pattern.
STAT
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FOREIGN BROADCAST INFORMATION SERVICE
HONG KONG BUREAU
II. VISITS (Cont'd.)
3. London Bureau communications deputy chief, and his STAT
wife, a BBC employee, on 26 October. They were given a tour of the bureau
and talked with the bureau's communications supervisor about various
communications problems.
4. Capt John Newman, U.S. Army Field Station, Okinawa, 21 October -
1 November to record Beijing television material for use in a Chinese-language
training and refresher program being developed by the army in Okinawa.
Attachements:
A. Production Report
cc: Orig + 3 Hqs.
C/Okinawa
C/Seoul
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STAT
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