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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (3590)	10/10/2000 2:19:45 PM
From: qorilla_watcher	Read Replies (1) \| Respond to of 197226

<< Probably WTO entry is being held up on civil liberties issues again. >> No. THe long article basically says that China's consensus for WTO is weakening and the Chinese are bargaining that they are treated differently from the other WTO members with respect to disclosures and enforcement. The WTO contends these standards are necessary since China is not a "market economy" country. China also insists that final documents contain details and stipulations not agreed to earlier. IMHO, QCOM's agreements are time sensitive and the Chinese want to start rollout ASAP and are not hostage to these delays. But, according to Pomfret and Pan(E1), corporate timetables could easily be delayed by a year.

To: RetiredNow who wrote (3590)	10/10/2000 6:17:35 PM
From: samim anbarcioglu	Read Replies (2) \| Respond to of 197226

>>China has been using QCOM as a chip in it's negotiating stack for entry in WTO for awhile The US already voted to admit China in to th eWTO last fall. That chapter is closed. Today, the President signed into law the Permanent Normal Trade Relations (PNTR) for China bill. So that is also a closed chapter. But China is still not a WTO member. Guess who is in the way? The UE. They want more concessions from the Chinese: lifting of the Chinese law that prohibits more than 50% foreign ownership in telecom companies; more (telecom) business going toward the EU; and of course an end to CDMA proliferation in China. The Chinese have satisfied the US trade concerns, and the US voted to admit China into the WTO, and granted PNTR. If China does not enter the WTO soon, the culprit is the EU, trying to extract a greater price for admission. China will retaliate, and get tit for tat. The EU business interests in China will suffer proportionately. All of that will be net gain for the US business interests. Best, Sam A.