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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (2717)	3/12/1999 11:50:00 PM
From: Tom	Read Replies (1) \| Respond to of 2951

U.S. Lawmakers Warn China Over Taiwan WASHINGTON, Mar. 12, 1999 -- (Agence France Presse) U.S. lawmakers moved to warn China over Taiwan and reinforce American support for the island on Thursday introducing concurrent bills in both houses of Congress reaffirming the Taiwan Relations Act. "I think its important in Taipei and Beijing that it be understood on this 20th anniversary of the Taiwan Relations Act that support for the Taiwanese people is broadly bipartisan and deeply felt in the United States Congress," said Democratic Senator Robert Torricelli. April 10 marks the decade anniversary of the Taiwan act which put into law U.S. relations with Taipei in keeping with Washington's "One China" policy that recognizes Beijing's communist government. Under the act, the United States maintains that it had the right among other things to sell defensive weapons to Taiwan, something Beijing, which regards the island as a renegade province, is deeply opposed to. The new legislation, which recognizes Taipei as a growing democracy, reinforces that right especially in light of China's build-up of missiles aimed across the Taiwan Strait. Torricelli noted with pleasure U.S. President Bill Clinton's past moves to counter perceived aggression against Taipei from Beijing and said he would support further such action if required. "I hope the administration has the same resolve," he said referring to the deployment of parts of the U.S. Seventh Fleet into the Taiwan Strait in 1996 to counter Chinese war games there. The bills call for the President to present an annual report detailing the military balance in the strait and ask the Pentagon to inform the appropriate congressional committees if and when Taiwan seeks to acquire weaponry from the United States. The legislation also calls for Washington to publicly support and lobby other governments to back Taiwan's admission into the World Trade Organization without it being conditioned on China's entry into the group. -----