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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: brian h who wrote (24206)	3/15/1999 8:36:00 AM
From: brian h	Read Replies (2) \| Respond to of 152472

Thread, Look for Zhu's Telcomm. comments. (bold). China's Zhu Denies Technology Theft, Sees 'Anti-China Wave' Beijing, March 15 (Bloomberg) -- Chinese Premier Zhu Rongji, insisting that China didn't steal sensitive U.S. missile technology, warned of an ''anti-China'' wave that threatens to chill relations between Washington and Beijing. Zhu said allegations that China gleaned technology from a Taiwan-born U.S. scientist working at the secret Los Alamos National Laboratory are ''a fallacy.'' The U.S. underestimates China's own ability to develop the weapons, he said. ''China is fully capable of developing any military technology,'' Zhu said, speaking at his first news conference in a year. ''It's only a matter of time.'' Allegations that China used stolen U.S. technology to develop its first multiple-warhead missiles have strained relations between the two nations just weeks before Zhu embarks an early April visit to Washington, his first as premier. Republican Congressional leaders in the U.S. have called into question the Clinton Administration's policy of ''constructive engagement'' with Beijing, pointing to claims of stolen military know-how, a widening trade imbalance, and worsening human rights abuses in China. A string of high-level visits by U.S. officials to Beijing in recent weeks have failed to make major headway in any of the major disputes, with the exception of China's bid to enter the World Trade Organization. WTO Beijing has made some concessions on WTO during the past few months, though gaps remain to be closed, U.S. Trade Representative Charlene Barshefsky said earlier this month. Zhu said it was time to conclude WTO negotiations after 13 years of talks. ''China is prepared to make the biggest concessions within its ability'' to secure entry, Zhu said. The gap with its partners remains ''considerable,'' although it is narrowing. Zhu said China would further open its banking industry and allow foreign investment in telecommunications, two industries in which China's trading partners are pushing for greater access. He didn't provide details. One gap that continues to widen is in trade. China's trade surplus grew 14 percent last year to a record $56.9 billion and is likely to continue growing this year, the U.S. Department of Commerce said. 'Anti-China Wave' Zhu attribute the clamor against China to political disputes between America's two main political parties. ''The anti-China wave that is emerging in the United States is actually a reflection that the China-U.S. relations have been victimized by the internal political struggle,'' Zhu said. Zhu conceded that he could face a hostile reception during his U.S. visit. He said the trip was important in order ''to resume momentum'' in the relationship. In the past sixteen months, both China's President Jiang Zemin and President Bill Clinton have exchanged visits, the first since Clinton took office in 1993. Still, the issue of missile defenses may overshadow the visit. The U.S. and Japan are considering building a so-called Theater Missile Defense to protect the nations from missile attacks. ''We are opposed to the TMD and we are particularly opposed to the inclusion of Taiwan into the TMD,'' Zhu said, referring to Taiwan's interest to be added to the TMD program. Beijing views Taiwan as a renegade province even though it hasn't ruled the island since 1949. Brian H.

To: brian h who wrote (24206)	3/15/1999 1:46:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

Telstra and Telecom If it's true that Ericy is buying Q! infrastructure division, they will be quick to get some cdmaOne orders. Telecom New Zealand, like Telstra, will almost certainly be converting their analogue network [820MHz] to cdmaOne some time over the next year or so. Ericy would love to get that business. Ericy is in a much better position than Q! to get the business because they have been entrenched here for ages. For Q! to set up shop here would cost heaps. I could cope with being an Ericy customer. Well, I'd be a Telecom customer, using Ericy equipment. That's fine with me. Just let's get on with it and make it happen. There is money flowing to Vodafone and GSM while we dither. Mqurice [My QCP820 is back in the USA - Vista, California - having sent secret signals back to San Diego for long enough to get the whole of Australasia heading the cdmaOne way]