U.S. and China expand outlook in effort to bolster ties: despite cloud of Tiananmen, Albright's visit paves transition to new era before June summit

Article Abstract:

The visit of US Secretary of State Madeline Albright to China is expected to be a prelude to a new US-China relations that is unhampered by the tensions produced by the Tiananmen massacre. US President is scheduled to visit China in early June to discuss the relations between the two countries, especially in the field of trade. The US is happy over China's establishment of the legal infrastructure which will ease and protect foreign investment in China. But many political observers believe that the potential for tension between the two countries is still there, especially with the US's insistence on China's release of some 2,000 political prisoners.

Intnl Economic Policy, United States, Economic aspects, Political aspects, Chinese foreign relations, United States foreign relations, International relations

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U.S. companies look to tap into growing class of ASEAN consumers even as doubts linger

Article Abstract:

Southeast Asia's consumer base continues to grow, thus increasing business opportunities in the region for foreign companies, particularly US corporations. In fact, the US has identified the Assn. of Southeast Asian Nations (ASEAN) as one of its 'Big Emerging Markets.' However, some US exporters are concerned that the ASEAN market's common ground on most economic issues will impede progress toward the elimination of tariffs. Tariffs among ASEAN members will be reduced to 5% or less by the year 2003.

Trade Relations NEC, Economic policy, Corporations, Southeast Asia, Association of Southeast Asian Nations

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U.S. is still wary of China's efforts to free its markets

Article Abstract:

The US has commended China's promise for further liberalization of its markets. China has offered to relax its regulations on trading rights and to ease a number of other trade practices that do not conform with WTO rules on the treatment of foreign investments. However, US officials stressed that China has agreed only in principle to adopt these actions and would not guarantee its entry in the WTO as a rule-abiding member.

Multilateral Trade Negotiations, Trade negotiations, International trade regulation

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