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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (15069)	9/15/1999 10:40:00 AM
From: Francois Goelo	Respond to of 52051

This is just posturing to help with the WTO negotiations, as they're craving foreign capital and expertise to develop their Country and keep their 1.2 Billions inhabitants reasonably happy... China, US Bridging Gaps on WTO, Ambassador Says (excerpts) Washington, Sept. 14 (Bloomberg) -- Chinese and U.S. negotiators are moving closer to an agreement on China's bid to join the World Trade Organization, settling some differences during talks in New Zealand, China's ambassador to the U.S. said. Negotiators ''are on the right track,'' Li Zhaoxing told reporters after a conference on U.S.-China relations. ''Some differences were resolved.'' Li's remarks follow an agreement Saturday between U.S. President Bill Clinton and Chinese President Jiang Zemin at the Asia Pacific Economic Cooperation forum in Auckland to restart the WTO talks. U.S. companies like Motorola Inc. and Boeing Co., which have lobbied for China's WTO entry in time for the November meeting, are awaiting details on the New Zealand talks from U.S. negotiators. The negotiators are expected to return to the U.S. tomorrow, according to the USTR. Some U.S. executives had hoped for more than a mere resumption of talks in Auckland. China is seeking to enter the WTO as a developing country, which would allow it to more gradually open its markets. Li said the U.S. should not deny China this ''right'' of entry.