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To: Rarebird who wrote (37624)	7/23/1999 9:32:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116786

OK, back to things which could have a direct impact on the markets & POG. Bloomberg TV suggested this was a factor in some market sell offs over night and may be a market fix over there: Tension mounts across the Taiwan Straits US envoys have arrived in the Chinese and Taiwanese capitals in an attempt to defuse the growing tension across the Taiwan Straits. A recent statement by Taiwanese President Lee Teng-hui that the two countries should be regarded as equals has angered China and sparked a bitter row. US Assistant Secretary of State Stanley Roth will hold talks in Beijing, while Richard Bush, director of the American Institute in Taiwan (AIT), will hold discussions in Taipei on "cross-strait relations and other topics". Senior Taiwanese government officials say they reject the mainland's concept of a One China and want to redefine the island's de facto status as a separate state. (cont) news.bbc.co.uk