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To: long-gone who wrote (49708)	2/27/2000 5:50:00 PM
From: Hawkmoon	Respond to of 116764

Richard, I never said things were smooth. I only was making the point that China has more to lose than we do. They could lose access to our markets and those of the Europe, while the only thing we might have disrupted is an opportunity cost in China. It's nice to see the Europeans growing a spine with regard to their relations with China. Maybe seeing that, not just the US, but also Europe, is concerned about Bejing's reckless rhetoric against Taiwan will cause some conciliation on the part of Bejing. If not, then what do we lose? Existing markets? Nahh... very small. However, China's existing market in the US is at terrible risk. So you tell me... who has more to lose here? Btw, I was just flipping channels and came across Thomas Friedman addressing a governor seminar on Global trade and technology. He made a VERY interesting point in summing up the US Foreign policy towards Russia, China, and Japan. In sum, his point was that Clinton has been managing weakness in these major nations, not their strength. In the past, there was the strength of ideology on the part of the Russians and Chinese, and economic strength in Japan, all of which we had to deal with differently (and often confrontationally). Now we are forced to take such actions that are equivalent to the carrot and stick approach, offering access to the global economy under the proper conditions. Conditions, which if not met, will increase the amount of distance they have to cover in their economic restructuring. Some other good points he made, in that with the electronic economy's growth, we will see participants and outcasts, connected and un(der)connected. Very intersting if you should be able to catch a repeat in the future on CSPAN... (it's still on here in DC). Regards, Ron