Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (138275)	4/14/2001 2:47:55 PM
From: tejek	Respond to of 769667

So much to lose For once, rather than starting out by insisting that for China to save face and “win”, everyone else must lose, China would have done better to reflect on the stake it has in its broader relations with America. Bilateral trade last year was worth at least $75 billion, the vast surplus of it in China’s favour. China is hoping to capitalise on American business interest in its economy to secure more flexible terms for its entry into the World Trade Organisation, to drum up support to counter congressional criticism of its poor human-rights record, and to win backing to bring the 2008 Olympics to Beijing. From what I have read in the past few days, popular opinion clearly favors your position....nonetheless, I don't agree. I think American firms are very afraid of losing China's future business and will apply pressure on their congressional representatives whenever there is a crisis of this sort. I believe that's China's trump card...and a good one at that...and China knows it. ted