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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: Tadsamillionaire who wrote (9287)1/9/2002 3:07:21 PM
From: Mephisto  Respond to of 93284
 
China is now a member of the World Trade Organization, and
so is Taiwan.

Bush was in China a few months back.By all accounts, he had a good time,
and enjoyed his meetings with China's leaders. Didn't you see pictures of them?
When Bush and the Chinese leader posed for a photograph Bush wore
a colorful Chinese jacket that was similar to the one his host wore.

I believe the Chinese put on a wonderful fire works display in honor of the Bush visit.

If you are unhappy with the Bush administration position towards China, don't write to me.
Write to President Bush.

Friday December 28 9:13 AM ET

dailynews.yahoo.com

US Ends Trade-Rights Link in China

By CHRISTOPHER BODEEN, Associated Press Writer

BEIJING (AP) - China reacted coolly Friday to the end of
the American policy linking its trade status to human
rights, saying President Bush only did
``what he ought to have done.''

Bush's proclamation Thursday ended annual trade
reviews long reviled by China as an intrusion into its
affairs. The step was prompted by Washington's commitment to
the World Trade Organization to treat new member China like
its other trading
partners.


American businesses welcomed the step as a boost to a slowing world economy.
But China's trade ministry said it didn't plan to issue a statement on Bush's
decision.

``It's not necessary to issue a statement because Bush was only doing what he
ought to have done,'' said Ma Dezhi, a spokesman for the Ministry of Foreign
Trade and Economic Cooperation.

China's Foreign Ministry welcomed the decision, saying it ``removed a big
obstacle'' in trade ties between the two countries.

Annual reviews ``had a negative impact on the development of bilateral economic
and trade relations,'' ministry spokeswoman Zhang Qiyue said in a statement
carried by the official Chinese news agency Xinhua.

American companies in China said the step could boost trade, though it won't
have any direct impact on their business.

China's low-tariff access to U.S. had been subject to annual review under a 1974
law that applied to all communist governments.

Renewals were uneventful until 1989, when the bloody Chinese crackdown on
the Tiananmen Square pro-democracy protests turned the process into a
rancorous yearly struggle between trade promoters and critics of the communist
government.

The U.S. Congress voted last year to give Beijing permanent normal trade
relations, or PNTR , once it got into the World Trade
Organization. The step was required by U.S. commitments to the WTO to treat
other members equally.

China became a WTO member this month.

Nevertheless, Bush's action puts a formal end to debates that were a constant
source of friction with Beijing.

``We are delighted,'' said Michael Furst, executive director of the American
Chamber of Commerce in Beijing.

Furst said Bush's step would encourage China to open further and create
economic opportunities for its people.

``To the extent that China is embraced by the outside world and vice versa, I'd say
positive change is more likely,'' he said.

The trade debate was especially worrisome to Hong Kong, a base for thousands of
businesses that export Chinese goods to the United States.

Bush's action removes a nagging source of uncertainty, said Eden Woon, director
of the General Chamber of Commerce in Hong Kong.

``Now they can make decisions based purely on economic factors and not have the
cloud of the political relationship hanging over them,'' Woon said.

The state newspaper Beijing Evening News welcomed Bush's decision as an end
to an ``unstable element'' in the trade relationship between China and the United
States.

``China now has the status accorded under WTO membership, so granting
permanent normal trade is a logical next step,'' the newspaper said.

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