President Favors Continued Trade Relations with China.(Brief Article)

Chemical Market Reporter, June, 2001 by Hess, Glen

Despite the strain in US-China relations, President George W. Bush called on Congress last week to extend normal trade relations with the Beijing government for another year. "Open trade is a force for freedom in China, a force for stability in Asia and a force for prosperity in the US," the president declared in a speech to the World Affairs Council of Los Angeles.

The announcement was anticipated because President Bush has long supported trade with Beijing, even during the recent standoff over a US surveillance plane. Still, it was the first step in what could be another trade battle in Congress. "I am sorry that President Bush feels that we should give most-favored-nation status to a country like China, which is our most dangerous potential...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.