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To: SpudFarmer who wrote (37283)	7/27/1999 12:21:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 152472

China-Us-Cdma, Resume> July 26, 1999 Dow Jones Newswires China, US Resume Trade Talks Stalled By Bombing BEIJING (AP)--Despite lingering tensions over the North Atlantic Treaty Organization's bombing of the Chinese Embassy in Yugoslavia, U.S. Deputy Secretary of Commerce David Aaron met with senior Chinese officials Tuesday for talks on opening China's markets to more U.S. companies. China's invitation to Aaron reflects a gradual softening of acrimony over the May 7 bombing, which prompted Beijing to suspend talks with Washington on human rights, security issues and its 13-year effort to join the World Trade Organization. His visit follows one last week by U.S. Assistant Secretary of State Stanley Roth, who met Chinese officials to discuss Taiwan and to prepare for a meeting between Secretary of State Madeleine Albright and Foreign Minister Tang Jiaxuan in Singapore over the weekend. Aaron's day-long visit has raised hopes for a resumption of stalled talks on China's WTO bid. "I think this invitation on the part of the Chinese is a positive step that we hope will create a better atmosphere the other decisions they need to make concerning WTO," Aaron said in an interview Tuesday. China has set a yearend deadline for joining the organization, which sets rules for world trade, a goal Aaron said was "by no means impossible." Aaron said he would present to the Chinese a proposal by Commerce Secretary William Daley for a meeting of a bilateral forum, the Joint Committee on Commerce and Trade, in the autumn. Prior to the bombing, the two sides had made progress on a wide range of market access issues. Aaron acknowledged, however, that there have been delays in implementing earlier agreements, including long sought-after licenses for two U.S. insurance firms and for allowing investment in digital phone technology called CDMA, or Code Division Multiple Access networks. "You just have to keep pushing," he said. Aaron's meetings with Minister of Foreign Economic Relations and Trade Shi Guangsheng and other senior officials are taking place amid signs that China's trade surplus with the U.S. is worsening due to an economic slowdown that has cut demand for U.S. exports, Aaron said. Last year, China posted a $57 billion trade surplus with the U.S., second only to Japan's $64 billion surplus. R