There is also every indication that the powers in Beijing recognise the importance of the rule of law and that its proper observance in the commercial arena is good for business and at the core of China's prosperity and stability.

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It will be good for Indonesia to have a harmonious and proper combination of the ideas of Habibie and the ideas of the technocrats.

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Mr Twigg added that "with the economy flat-lining... a proper school building programme would be good for pupils and good for jobs".

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Top-rank players, including Tony Greig, then captain of England, and various South Africans, banned from the world game during apartheid, were poached for Mr Packer's teams, where they were treated to good pay and proper contracts.

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Mr Miliband said the money had been set aside and after a proper process the loan was judged to be good value for money.

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