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BREAKING: Bush Grants Permanent Trade Status to China
ABCnews ^

Posted on 12/27/2001 1:08:54 PM PST by hawaiian

I'll post more info as I get it...


TOPICS: Breaking News; News/Current Events
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Bush Grants China Trade Status

By Scott Lindlaw
Associated Press Writer
Thursday, December 27, 2001; 5:00 PM

CRAWFORD, Texas –– President Bush on Thursday granted permanent normal trade status to China, calling it "a final step in normalizing U.S.-China trade relations."

Bush also terminated the 1974 Jackson-Vanik law that withholds normal trade relations with communist states that restrict emigration.

---Link to the the article

21 posted on 12/27/2001 1:21:57 PM PST by KQQL
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To: detsaoT
China is broke

My foot.

China gets 2 billion dollars PLUS from the USA in commerce EACH WEEK.

That's over 100 billion a year.

Who's broke?

22 posted on 12/27/2001 1:22:22 PM PST by George from New England
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To: RnMomof7

Yeah, there's some truth to that.

But hey, stop complaining and back our President! We are at war with "terra" remember?

23 posted on 12/27/2001 1:24:07 PM PST by Jhoffa_
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To: hawaiian
Yawn.
24 posted on 12/27/2001 1:25:18 PM PST by Clemenza
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To: hawaiian
From theDrudge Report:

CHINA BLASTS GERTZ OVER AL-QAIDA ARMS REPORT
Thu Dec 27 2001 14:47:30 ET

The Chinese government once again strongly objected to a report by the WASHINGTON TIMES's Bill Gertz -- a report which revealed China provided weapons to al-Qaida after the September 11 terror attacks!

MORE

Chinese Foreign Ministry spokeswoman Zhang Qiyue called the explosive Gertz report "groundless" and made with "ulterior motives".

PEOPLE'S DAILY:

"China has actively participated in the international cooperation of combating terrorism and rendered support and assistance to the U.S. side since the September 11 incident, she said, adding that the facts are obvious to all.

"She pointed out that a limited number of people in the United States have tried to use the rumor to defame China and impede the improvement of Sino-U.S. relations. 'Their ulterior motives are doomed to failure,' she said."

Gertz on Thursday stood by his report, which quoted a senior U.S. official.

"A week after the terrorist attack, the ruling Taliban and the al-Qaeda fighters embedded among them, received a shipment of Chinese-made SA-7 missiles," revealed Gertz and Rowan Scarborough in their weekly Inside the Ring report.

Developing...

THESE GUYS ARE NOT ARE FRIENDS. WHAT HAPPENED TO "YOU ARE FOR US OR AGAINST US?"

25 posted on 12/27/2001 1:25:40 PM PST by bulldog905
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To: Rowdee; EternalVigilance; Clinton's a liar
FYI
26 posted on 12/27/2001 1:27:07 PM PST by Keyes For President
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Comment #27 Removed by Moderator

To: George from New England
China gets 2 billion dollars PLUS from the USA in commerce EACH WEEK. That's over 100 billion a year. Who's broke?

Hell, our economy is easily thirty times that, if not more. Look at spending patterns of any Socialist nation and tell me that large influxes of cash has saved a single one of 'em? Socialism blatantly encourages, via its "core beliefs," the vast waste of money. Therefore, I'm betting that they're spending more on (a) military equipment, (b) nuclear research, (c) improving their spy agencies, and then (d) supporting "social" programs, than we give them in a year.

Add it up. There's no way 100 billion dollars a year can sustain their economy for any rational period of time, if they spend 200 billion on "essentials"...

:) ttt

28 posted on 12/27/2001 1:27:49 PM PST by detsaoT
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To: hawaiian
So much for American jobs, child & prisoner labor laws, and political relations.
29 posted on 12/27/2001 1:28:59 PM PST by PatrioticAmerican
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To: hawaiian
WTF GEORGE?????
30 posted on 12/27/2001 1:29:53 PM PST by nocommies
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To: hawaiian
Pappy & Uncle will be so proud of him./sarcasm What is it with the Bush family's love of China? Had this been Clinton with Hillary's clan doing likewise this forum would be boiling mad. But what we will see will be praises of how wise and wonderfull he is. We'll see the excuses Oh he's seeling us out to China but only because it's good in the long term tripe. No need for Barf alert the general blindness to his wrongs is sickening enough for me. I didn't like the Clinton's dealings with China and I will not endorse it now just because it's a GOP instead.
31 posted on 12/27/2001 1:30:07 PM PST by cva66snipe
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To: nocommies
We should check to whom Johnny Chung has been handing out those "campaign contributions" to lately!
32 posted on 12/27/2001 1:30:52 PM PST by bulldog905
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To: hawaiian
I'll post more info as I get it...
Could you also bring me a Pepsi while you're up?
33 posted on 12/27/2001 1:31:52 PM PST by Asclepius
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To: Jhoffa_
I have liked him..I just wonder what America will be like after this is over.. It may not be the place that those of us that call ourselves conservatives like!
34 posted on 12/27/2001 1:32:45 PM PST by RnMomof7
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China is teetering on the verge of a new form of government. Many of its citizens are pro-capitalist, and I believe that if it weren't for the pride of the old party leadership, China would abandon their dinosaur leaders.

I think that by bringing China into the capitalist world we will turn them against their oppressive government in time. I hope the Bush team knows the appropriate steps to take that will empower Chinese citizens without empowering their government.

35 posted on 12/27/2001 1:34:05 PM PST by tgiles
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To: hawaiian
I go out of my way to shun products made in China and I impose on all of my Freep brothers and sisters to do the same. It requires some work, as retailers like Wal-Mart and Kohl's are loaded with such products.

Just because Dubya has apparently found himself in the position that leaves him no choice but to grant them status (I assume), does not mean that we must all rush out tomorrow and by stuff made by the Chinese.

If it says "Made in China", move along. Please!

36 posted on 12/27/2001 1:34:16 PM PST by RightRules
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To: hawaiian
Its real simple ... vote with your wallet! If its says Made in China ... don't buy it! Sooner or later they'll get the message.
37 posted on 12/27/2001 1:34:52 PM PST by marquis
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To: Noswad
We could see The U.S., India, Russia, and Israel vs. Moslem terrorists, Arab nations, and China, though. I have no idea which way Western Europe would break in such a situation. Down, maybe.

I'm a free-trader, who's leery of trading with China. I think free trade is more likely to bring reform in China than otherwise. It could also bite us bad, however. It's one of the most difficult issues for me to figure out, but I gotta go with the libertarian instincts and lean towards free trade.

38 posted on 12/27/2001 1:36:36 PM PST by Celtjew Libertarian
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To: hawaiian
BTW... hate to say it, but special interests are involved here. Lots of American companies have their products made in China. The labor is cheap, cheap cheap. And, it shows, shows, shows.

Shame on you, Dubya!

39 posted on 12/27/2001 1:36:48 PM PST by RightRules
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To: PatrioticAmerican
Jobs schmobs...we already have our market flooded with Chinese goods, since no one works here for 50 cents/hour.

Americans want cheap Nikes for the masses and as long as the demand is increasing you might as well lower the tariffs.

Until the attritude of the American consumer changes (buy cheap and lots of it), you might as well go with the flow.

Ethics seems to have little priority between the pocket book and merchandise.

40 posted on 12/27/2001 1:37:14 PM PST by Rain-maker
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