Sasser sees improvement in Beijing-Washington ties

Article Abstract:

The US relationship with China has seen much improvement in recent months, in part due to the efforts of Ambassador James Sasser. A former senator and longtime friend of Pres. Bill Clinton, Sasser has managed to guide ties between the two countries to a new equilibrium using his affable manner and political savvy. He concedes that problems remain in the US-China relationship but he believes that a proactive approach will help to defuse most issues before they become serious impediments to smooth ties between both countries.

Practice, Ambassadors, Sasser, James

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Beijing and the U.S. do business during Gore's visit

Article Abstract:

US Vice President Al Gore's visit to China was highlighted by two contract signings, the first being a $1.57 bil. joint venture agreement between General Motors Corp. and Shanghai Automotive Industry Corp. for the manufacture of GM cars, and a $700 mil. purchase agreement for five jetliners from Boeing Corp. GM's contract entails the establishment of a car-assembly facility, an engine and automatic transmission assembly facility and a car design center.

Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Aircraft & Parts, Aerospace Product and Parts Manufacturing, Aircraft and Parts, Contracts, Automobile industry, General Motors Corp., GM, Aerospace industry, Boeing Co., BA, Shanghai Automotive Industry Corp., Air China

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China admits selling nuclear-related magnets to Pakistan

Article Abstract:

The Chinese government has admitted US charges that it sold nuclear-related ring magnets to Pakistan. However, Chinese officials contend that the US should not impose sanctions because the magnets sold to Pakistan were not magnetized so they do not fall under the London nuclear-supplier's prohibited list. They also claim that the whole transaction was done without the knowledge and approval of senior government officials.

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