To: w molloy who wrote (6838 ) 2/24/2000 7:20:00 PM From: Michael Kucera Respond to of 13582
Clinton: Don't reject China trade WASHINGTON (AP) - President Clinton said Thursday a trade deal with China is a 'once-in-a-generation' opportunity that should not be rejected because of Beijing's human rights problems, global arms sales or threats against Taiwan. The deal is vital for America's economic and national security interests, Clinton said, and it would be 'a devastating setback' if Congress killed the accord. The president spoke about China in an economic speech in Philadelphia and earlier in Washington before the Business Council, a gathering of corporate leaders eager to win access to China's market, the largest in the world. He urged the business chiefs to help him persuade Congress to give China permanent trade benefits in return for its pledge to open its doors to American goods. The U.S.-China deal is a key ingredient in China's campaign to win admission to the World Trade Organization, a 135-nation organization which sets the rules for global trade. Congressional critics say the United States should not reward China with trade benefits as long as it abuses human rights, intimidates Taiwan and sells weapons to other countries. 'China still does things that we don't agree with,' Clinton acknowledged. 'We can't control what China does and I'm not going to stand here and tell you that they're going to turn out as we would hope. 'But I'll tell you this, we can control what we do,' the president said. 'If we do this, 20 years from now we'll look back and wonder why we ever even debated it. If we don't, 20 years from now we'll still be kicking ourselves in the seat of the pants for turning away from an enormous opportunity to give our children a safer world.' Clinton said that China's willingness to open its markets is 'the kind of opportunity that comes along once in a generation.' Already facing formidable opposition, the deal ran into more trouble this week with China's escalation of threats against Taiwan. 'Most members of Congress do not question the economic benefit,' the president said. 'Critics are more likely to say things like this: 'China is a growing threat to Taiwan and other neighbors, we shouldn't strengthen it; China is a drag on labor and environmental markets and rights and if we put them in the WTO they will block further progress on those issues; or China is an offender of human rights and we shouldn't reward it; or China is a dangerous proliferator and we shouldn't empower it.' 'Now all these concerns, I believe, are legitimate,' Clinton said. 'The question is whether they will be advanced or undermined by the decision Congress will make, and America will make, on letting China into the WTO.' Clinton said the United States will 'continue to reject the use of force as a means to resolve the Taiwan question. We'll also continue to make absolutely clear that the issues between Beijing and Taiwan must be resolved peacefully and with the assent of people of Taiwan.' Clinton said the China vote was 'the most important question that Congress will take up in the first half of this year.' 'We can't underestimate how hard it will be,' he said, promising to 'push as hard as I can to secure agreement as quickly as possible.'