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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (105)	3/15/2000 9:34:00 AM
From: T L Comiskey	Read Replies (1) \| Respond to of 13572

Hey...STOP...you'l get me in a giddy mood and I May act irrationally exuberant and buy something......LOL

To: Boplicity who wrote (105)	3/15/2000 9:35:00 AM
From: T L Comiskey	Respond to of 13572

Ruff news...( CDMA Inside...) From: Ruffian Wednesday, Mar 15, 2000 7:48 AM ET Reply # of 69178 WRAP: China's Zhu Says Don't Mix WTO Vote With Taiwan Dow Jones Newswires BEIJING -- China's Premier Zhu Rongji used his annual news conference Wednesday to warn Taiwanese voters not to make a choice they will regret in Saturday's presidential election. At the same time he called for improved dialogue with the U.S. on the cross-strait issue. Zhu said he didn't want to embroil the Taiwan question with other issues, including the consideration by Congress of permanent normal trade relations with China. He also declined to indicate whether China will still pursue entry into the World Trade Organization this year should Congress fail to approve permanent NTR status. Warning that granting such status is a prerequisite for the U.S. to enjoy the benefits of improved trade access to Chinese markets, Zhu said Americans in 100 or 1000 years' time will only be able to sigh and close their history books in regret if the legislation fails to pass. Zhu suggested that President Bill Clinton's remarks that there should be a shift from threats to dialogue across the Taiwan strait should be amended to "there should be a shift from threats to dialogue across the Pacific Ocean." Without endorsing any of the candidates in Saturday's Taiwanese presidential election, Zhu said voters on the island are at a critical historical juncture. "Don't act on impulse at this juncture that will decide the future course that Taiwan will follow, otherwise you won't have another opportunity to regret it," he said. China regards the presidential vote as a local election. Zhu said insisting on the right to retake Taiwan by force if there is an indefinite delay in reunification is no different from policies of the late paramount leader Deng Xiaoping. He added all Chinese will fight to the death to ensure Taiwan's eventual reunification with the mainland, but insisted Beijing's policy remained that peaceful reunification should arise from negotiations based on the "One Country, Two Systems" formula used for Hong Kong and Macau's return. On whether China will extend it's grass roots village democracy experiment to city, provincial and national levels, Zhu said "the sooner, the better." He poured cold water on suggestions that China should set up a timetable for making the yuan fully convertible under the capital account, saying existing levels of financial supervision won't allow such a move. "We don't have adequate conditions so I can't reveal to you a timetable at this moment," Zhu told the news conference. China's currency is currently convertible only under the current or trade account. A managed float ensures the level doesn't exceed a government determined range during daily trading. Zhu said reports that China's rollout of a planned Code Division Multiple Access, or CDMA, mobile phone network has been suspended aren't true. He also called for foreign investment in a proposed 4,200 kilometer natural gas pipeline linking gas fields in Xinjiang autonomous region in China's west with the heavily populated east coast. On reforming the country's stock markets, Zhu put out a call to Chinese securities experts in Hong Kong, Taiwan, Singapore or anywhere else in the world to return to China to help the government make its markets work. He said he will personally intervene to ensure that qualified people receive the salary they are asking for to undertake such a task. Zhu confirmed he plans to visit Japan this year, but added that China hasn't changed its attitude to membership of an expanded G8, or Group of Eight nations. "We don't have any plans to participate in the G8," he said, adding that China will continue to stay in touch with the G8 members. -By Owen Brown; 8610 6532-6652; owen.brown@dowjones.com