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

To: Tom who wrote (2777)	3/28/1999 2:27:00 AM
From: Dayuhan	Read Replies (1) \| Respond to of 2951

Sounds like a diehard communist for sure....

To: Tom who wrote (2777)	3/29/1999 12:05:00 AM
From: Ron Bower	Read Replies (1) \| Respond to of 2951

Found this to be encouraging news: Monday March 29 1999 India seeks better ties despite defence aid to Pakistan WILLY WO-LAP LAM recently in New Delhi A senior Indian official has called for improved ties with China while saying that Beijing's defence relationship with Pakistan continues to threaten his country. Foreign Secretary K. Raghunath said New Delhi wanted a "constructive, co-operative relationship" with China, despite Beijing's criticism of nuclear tests conducted by India last May. "India's nuclear programme is based on our security needs and it does not pose a threat to China," he said in an interview with the South China Morning Post. "A stable bilateral relationship must be based on proper mutual understanding." Mr Raghunath, a Chinese speaker who has worked as a diplomat in Beijing and Hong Kong, said India had always respected Beijing's concerns over Taiwan and Tibet. And New Delhi had not made any protests over China's development of nuclear weapons. India respected Beijing's concern for its own security needs "and we hope Beijing will respect ours", he said. Mr Raghunath said both sides had recently held talks on resuming joint working groups to deal with border and other bilateral issues. No dates, however, had been fixed for future meetings of such groups and the Foreign Secretary said Beijing should not put pre-conditions on their resumption. Despite the temporary difficulties over the nuclear issue, ties had continued to develop in other areas, Mr Raghunath said. Trade grew last year by five per cent over 1997, and the number of Chinese visiting India also rose last year. "The scope for economic co-operation is very large and we have opened our door to Chinese investment," Mr Raghunath said, adding there were 50 Indian-Chinese joint ventures in both countries. He indicated, however, that Beijing's defence aid to Pakistan had continued to threaten his country. "For a number of years, the transfer of Chinese nuclear and missile-related technology and materials to Pakistan has posed a threat to us," he said. India felt particularly endangered because Pakistan's weapons were "targeted at only one country - India". On reports that Beijing had terminated weapons-related shipments to Pakistan, Mr Raghunath said there was no conclusive evidence that they had stopped. Meanwhile, India's opposition Congress (I) Party is sending a high-level delegation to Beijing early next month. It is being led by former minister of state for external affairs K. Natwar Singh, who played a key role in the groundbreaking 1988 Beijing visit by the late Indian prime minister Rajiv Gandhi.