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To: IngotWeTrust who wrote (41675)	9/30/1999 12:55:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

Thursday September 30, 11:40 am Eastern Time FOCUS-China negotiator says Nov WTO pact possible HONG KONG, Sept 30 (Reuters) - China's top trade negotiator said Beijing could strike a deal to enter the World Trade Organisation (WTO) by November if there was political will in Washington and Beijing. ``So long as there's political will, we'll do it,' Long Yongtu said in an interview with CNN television when asked whether a November deal was possible. The WTO is due to launch a new round of global trade talks in late November.(cont) biz.yahoo.com And they do this stuff: Thursday September 30, 6:21 am Eastern Time China Unicom halts payments to foreign partners By Matt Pottinger BEIJING, Sept 30 (Reuters) - China Unicom has said it will freeze all payments to foreign telecommunications partners from Friday, raising the stakes in its bid to scrap more than 40 controversial contracts. In a letter to foreign partners, a copy of which was obtained by Reuters, Unicom said it ``cannot distribute cash flows generated by the cooperative projects after October 1.' Foreign executives said on Thursday they believed Unicom was trying to force a quick settlement of an issue stalling the company's plans for a multi-billion dollar overseas listing. But they said the move would only further complicate delicate negotiations, and they threatened lawsuits. Foreign companies have poured $1.4 billion into building mobile and fixed line phone networks for Unicom under a complex financing scheme that regulators have since declared ``irregular.' The firms are entitled to payments based on revenues from the networks. ``China Unicom has unilaterally decided to stop doing what it is supposed to be doing under these contracts,' said one foreign source. "You'd be hard-pressed to find a more clear cut breach than that.(cont) biz.yahoo.com