China consensus: Clinton and Congress converge on MFN issue
Article Abstract:
Congress will give Pres Bill Clinton until Jun 1993 to devise a policy that makes China's most-favored-nation (MFN) trade status dependent on its respect for human rights and policies on arms exports and trade. The willingness of the Democratic-controlled Congress to defer to fellow Democrat Clinton has quieted the controversy that marked US policy on China's MFN status since the Tiananmen Square massacre in Jun 1989. However, China's growing economic importance means that US policy will probably be moderate regardless of whether Congress or the president makes it.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Frayed relations: China's textile trade expected to draw US ire
Article Abstract:
China's textile and apparel manufacturers will be one of the sectors that will be affected by the Clinton administration's tough trade policy. Hong Kong's US Customs Service head Thomas Gray reported that $3.9 billion worth of textiles and clothing were shipped to US in 1992. There was also, however, another $2 billion worth of the same items shipped illegally. The US and Chinese customs authorities are poised to move out on these illegal activities which could thenhurt the trading in Hong Kong and China.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Textile timebomb
Article Abstract:
US trade relations with China could be further hampered as the Customs Service indicted one Chinese provincial trade officials, three US residents andthree companies for alleged violation of import duty and income tax laws. The Customs Service intends to of pursue cases of unfair and unlawful trade practices by China in the textile industry. While $3.9 billion worth of textiles was imported from China by the US, customs officials say that about $2billion more was smuggled from China.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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