CRACKING CHINA: DESPITE RISKS AND TENSIONS, LOCAL FIRMS ARE STILL SCALING THE GREAT WALL.

Crain's Chicago Business, June, 1999 by LITTMAN, MARGARET

Reports of the death of U.S.-China relations have been greatly exaggerated. There's no doubt, however, that the relationship is at a low point. NATO war planes mistakenly bombing the Chinese embassy in Belgrade; disturbing televised images of demonstrators outside U.S. businesses like Oak Brook's own McDonald's Corp., and the release of the Cox Report on Capitol Hill charging China with nuclear espionage -- these factors, as well as the wrangling over letting China into the World Trade Organization, have sent a chill up the spines of even the most enthusiastic China boosters.

China, the pessimists say, isn't ready for prime time. Still, it's tough to find Chicago-area business people who agree with that assessment. Despite the risks and the tensions,...

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