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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: IceShark who wrote (19377)3/21/2000 12:37:00 PM
From: Ilaine  Read Replies (2) | Respond to of 42523
 
Has this been posted yet?

China hints at nuclear showdown over Taiwan

Tuesday, March 21, 2000

By MICHAEL DORGAN
Knight Ridder Newspapers

BEIJING -- While top Chinese and Taiwanese leaders lowered their voices Monday, a Chinese military newspaper
laid out in chilling new detail how China could conquer Taiwan by force. Beijing's tactics, the publication said, might
include a neutron bomb attack on Taiwan and a nuclear showdown with the United States.

"The United States will not sacrifice 200 million Americans for 20 million Taiwanese," predicted one of the articles in a
16-page special issue of Haowangjiao Weekly, which is sponsored by the People's Liberation Army. "They will finally
acknowledge the difficulty and withdraw."

Haowangjiao, an arm of the State Commission of Science Technology and National Defense, an agency of the
People's Liberation Army, did not set a deadline for reunification. But it reported that China "will announce a timetable
for reunification at the proper time this year."

Although China's military tends to be the most bellicose of Beijing's official voices, no Chinese government publication
appears without high-level approval and coordination. The escalating threat could be noting more than a trial balloon
from a hard-line faction, some U.S. experts speculated, but it would have to be an influential one.

It is unclear whether China's loudest saber-rattling to date is an attempt to soften up Taiwan's newly elected President
Chen Shui-bian for negotiations over the island's future, a test of the Clinton administration's mettle, a melodramatic
attempt to underscore China's seriousness about retaking Taiwan, or a bit of all three.

The threats also could be rhetorical nonsense, several U.S. analysts said, reckoning that the United States would
quickly win any military conflict with China. Although the Chinese military is large, it is technologically backward, short
of modern planes and ships, and no match for the United States in conventional or nuclear warfare.

"They really can't do very much," said Charles Hill, diplomat-in-residence at Yale University in New Haven, Conn.,
and a senior State Department official and Asia expert in the Reagan administration.

An escalating series of military threats would nonetheless test Taiwanese, and perhaps U.S., resolve in ways
advantageous to China, whose leaders insist Taiwan is a renegade province that must be reunified with the Chinese
mainland.

To cool the situation, Stanley Roth, the State Department's top official for Asia, is in Beijing, along with Richard
Holbrooke, the U.S. ambassador to the United Nations. The administration Monday tapped retired Rep. Lee Hamilton,
D-Ind., former chairman of the House International Relations Committee, to fly to Taipei to encourage restraint there.

In Taipei, Chen's aides begged Beijing not to cause panic by threatening Taiwan, but instead to let the newly elected
government "stabilize the status quo."

"We want China to exercise moderation, flexibility, and goodwill during this very volatile period of transition," Hsiao
Bi-khim, the head of the department of international affairs of Chen's Democratic Progressive Party, told reporters.

While both Chen and Chinese President Jiang Zemin have expressed a willingness to talk, both also have set
conditions unacceptable to the other. Jiang demands that Taiwan concede its subordination to Beijing before talks
start; Chen insists that Taiwan and China must meet as equals.



To: IceShark who wrote (19377)3/21/2000 12:40:00 PM
From: Terry Whitman  Respond to of 42523
 
This release explains it somewhat- They expect to pay $5.50 in distribution this year to finish liquidation.
biz.yahoo.com

I'd say the stock price will drop to $2.25 or less after the dividend is paid.