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To: Rarebird who wrote (50827)3/28/2000 3:36:00 PM
From: Ahda  Read Replies (1) | Respond to of 116766
 
There are two of us right now. I have two portfolios i follow named hope and faith. Hope is futuristic and faith is base staple stocks that are quite drab.
Faith and hope were in dire need of charity a couple of weeks ago but faith seems to be acting quite solid lately not so many bumps just tiny progress.



To: Rarebird who wrote (50827)3/28/2000 4:40:00 PM
From: long-gone  Read Replies (3) | Respond to of 116766
 
Invasion Talk Causes Jitters in Taiwan
By Patrick Goodenough
CNS Foreign Desk
28 March, 2000

(CNSNews.com) - Chinese President Jiang Zemin has indicated that if China were to take military action against Taiwan, it should do so sooner rather than later, a leading Hong Kong-based newspaper reported Tuesday.

The South China Morning Post said Jiang, presiding over a meeting relating to Taiwanese developments, said it was urgent to achieve reunification with the island before its defense capacity was further strengthened by the United States.

Jiang was quoted as saying, "Taiwan's forces already constitute a threat to our coastal areas." He noted that the island may be able to buy more high-tech weapons in the years ahead and he pointed to congressional support for the Taiwan Security Enhancement Act.

The newspaper quoted a Beijing source as saying China would make a final decision later this year on whether to use the military option to ensure Taiwan's return. Beijing would first await China's entry into the World Trade Organization.

A third round of talks between the European Union and China on WTO entry begins Tuesday in Beijing.

The recent victory in Taiwan's presidential election of Chen Shui-bian, leader of the pro-independence Democratic Progressive Party, has prompted a number of official meetings on the mainland on how to speed up the reunification process, the paper said.

Meanwhile the Washington Times, also Tuesday, reported that China is building two surface-to-air missile bases opposite Taiwan, and will soon deploy more Russian-made S300 surface-to-air missile missiles along the coast, as part of a continuing military buildup.

The report said the U.S. Defense Department was closely monitoring the situation.

Although the Taiwan military said last week it had not observed any large-scale movements by Chinese forces since the election, official nerves are jittery.

On Saturday an unexpected influx of more than 200 Chinese fishing vessels into Taiwanese waters caused a stir. First assumed to be an intimidation tactic, it was then explained that the fishermen had mistakenly thought a bill agreeing to "small-scale direct links" between outlying Taiwanese islands and the mainland had come into effect.

Not everyone was convinced by that explanation, however. One local magistrate in the affected area was quoted as saying the incident was unusual in that all the vessels were iron-hulled ships, and had gathered in an "extremely regular formation."

A Taiwan Defense Ministry spokesman said that the gathering of fishing boats could affect the island's security.

Taiwan's Central News Agency reported Monday that the Navy was planning to add a group of fast-attack missile boats to its fleet, to help beef up its defense capabilities.

In another sign of Taiwan's preoccupation with the Chinese threats, the news agency ran lengthy extracts from an analysis first published in a Canadian newspaper, exploring ways in which China could fight or blockade Taiwan into submission.

The article suggested an invasion would require China to move up to 800,000 men across the 90-mile Taiwan Strait - a force larger than the first 1944 D-Day landings in France - and that "Chinese losses would be enormous."

But it noted that, during its 1979 border war with Vietnam, Chinese generals regarded the loss of more than 70,000 men in a month as "acceptable."(cont)
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