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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: BigTex who wrote (6984)	9/11/1999 4:25:00 PM
From: Jeff	Read Replies (1) \| Respond to of 19297

well bubba........China and Asian stocks are heating up with the talks between the U.S and China this week..... you wont find one with more upside potential than FHTV...... if talks go well.......QVC could benefit greatly.....and so will FHTV..... remember.....when the QVC release came out.....that was around the time we accidently bombed the chinese embassy...now things are looking better...... that could have been another reason fisher went silent with the news..... baldino.com AUCKLAND, New Zealand (AP) -- President Clinton met Saturday with Chinese President Jiang Zemin and said he is "eager to get on with" repairing troubled relations and achieving an elusive trade deal with Beijing. But Clinton stressed that U.S. policy toward Taiwan, a sore spot with China, "has not and will not change." He said the United States will maintain "a one-China policy," which does not recognize Taiwan as an independent nation. For his part, Jiang said China's policy toward Taiwan "is oneof peaceful unification." But he did not rule out using force against Taiwan if there were any outside interference in their dispute, or if Taiwan asserted independence. "We would not undertake to renounce the use of force," the Chinese leader said. When asked by reporters whether U.S.-Chinese relations were on the mend, Clinton said he did not want to speak for Jiang, but "from our point of view I'm eager to get on with it, and have this meeting." Asked if he thought the United States could conclude anagreement for China's admission into the World Trade Organization, Clinton said "I certainly hope so." While saying that U.S. policy toward Taiwan had not changed, the president emphasized that "we favor a peaceful approach to working out the differences. We favor a cross-strait dialogue." "Our policy has not changed and it will not change," the president said. Clinton and Jiang held their first face-to-face talks in 15 months on the eve of a summit of Asia-Pacific leaders. The meeting came after months of worsening tensions between the United States and China over the bombing of the Chinese embassy in Belgrade during the NATO campaign there. Despite the tensions between their countries, Clinton and Jiang seemed at ease with each other. They smiled and shook hands as they posed for photographers. Both signaled a desire to mend the tattered U.S.-Chinese relationship, and Washington and Beijing agreed to resume the WTO negotiations. On the issue of Taiwan, China has stepped up threats to attack the island since Taiwan's president, Lee Teng-hui, asserted in July that China and Taiwan should have a "state-to-state" relationship. China saw that as a move toward formal independence, which it finds unacceptable because it regards Taiwan as a renegade province that must be reunited with the mainland. China has been outraged by U.S. arms sales to Taiwan and U.S. discussion of a possible anti-missile shield in East Asia. Jiang, stopping in Australia en route to New Zealand, called Clinton "my good friend." Clinton said he hoped the passage oftime since "the terrible accident" -- the May 7 bombing of the Chinese Embassy in Yugoslavia -- would allow resumption ofconstructive talks. Clinton gives a "thumbs-up" Saturday in Auckland to a bystander who shouted to the president not to forget the plight of East Timor The two leaders were meeting on the side of the Asia-Pacific Economic Cooperation forum, a group whose 21 members carry on 45 percent of the world's trade. The APEC summit is being overshadowed by outrage over the bloodshed in East Timor after its people voted for independence and Indonesia's failure to stop it. Clinton said Saturday he suspended U.S. military sales to Indonesia in order to pressure the government to restore calm in East Timor. On Friday, he said attacks on the United Nations compound in East Timor were "simply unacceptable" and accused the Indonesian military of participating in the violence. "The actions of the Indonesian military in East Timor stand in stark contrast to the commitments they have given to the international community," he said. Meeting over two days, APEC leaders are expected to endorse the launching of new negotiations by the 134-nation World Trade Organization to remove trade barriers in agriculture, industries and services such as banking and airlines. The WTO, which sets the rules for global trade, will hold a ministerial meeting beginning Nov. 30 in Seattle. In addition to Jiang, Clinton will meet on Sunday with JapanesePrime Minister Keizo Obuchi and South Korean President Kim Dae-jung to discuss North Korea's suspected preparations to test a new long-range ballistic missile. Clinton also will hold his first meeting with Russia's new prime minister, Vladimir Putin, in the aftermath of new allegations of corruption in the Kremlin and money laundering. Jiang and Clinton shake hands during their meeting Saturday in Auckland China is eager to join the WTO but first must reach market-opening accords with the United States, the European Union and other major trading partners. Commerce Secretary William Daley said it's still possible China could be admitted to WTO in time for the November talks on lifting trade barriers. "It's a tight schedule; there's no doubt about it," Daley said. "The delay over the last number of months has created a time problem." Beijing and Washington came close to agreement last April when Premier Zhu Rongji brought a package of concessions to the White House, but Clinton said Zhu did not go far enough. The trade dispute still was simmering when relations plummeted with the embassy bombing followed by violent anti-American protests in China. There also have been frictions over allegations of Chinese spying at U.S. nuclear labs and improper campaign contributions, as well as long-standing complaints about human rights and trade problems. The relationship is complicated by critics in both countrieswary of closer ties. Clinton is sure to face difficulty persuading Congress to grant China permanent trading privileges. Jiang faces opposition to warmer ties with Washington from conservatives in the ruling Communist Party and the politically influential military. After the APEC summit, Clinton will spend a day relaxing at a resort in Queenstown in southwestern New Zealand, then travel to Christ Church for a day of talks with New Zealand leaders. He leaves Thursday for Washington, with a stop in Hawaii for golf.