Word: mfn
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Dates: during 1990-1999
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...China relationship is enduring a series of clashes and confrontations. Each one is relatively small, but taken together they threaten the viability of the Administration's policy of cooperation and engagement with Beijing. President Clinton last week proposed an extension of China's most-favored-nation (MFN) trading status for another year. Congress will soon take up the issue in what is expected to be an emotional argument about trade versus morality and whether Clinton is now "coddling dictators," the charge he made against George Bush. The fight over China policy is sure to go on into the fall...
WASHINGTON, D.C.: Days after declaring an unprecedented $3 billion in sanctions against Beijing for product piracy, President Clinton said Monday that he planned to renew China's trade status as a Most Favored Nation. Extending MFN trade benefits is not a reward for good behavior, said the President, but the only pragmatic solution given Beijing's growing military and economic strength in Asia. Vital security and economic interests make it essential for the U.S. to maintain a relationship with China and its booming market, Clinton said in a speech to the Pacific Basin Economic Council, an Asian trade group...
Clinton's announcement was a minor blip on the screen in China, says TIME's Mia Turner in Beijing, because the Chinese have long expected to be granted MFN status. At a Foreign Ministry Press briefing on Tuesday, the Chinese official line was simply that the United States had made a wise decision. But there is still considerable dissatisfaction with the U.S. in Beijing. Trade officials there are are angry that the MFN status has only been renewed for one year, and are still upset over last week's trade sanctions. "The Chinese are reacting very strongly to the sanctions...
...from Russia, Haiti, Iraq, Iran, Turkey, Israel, Indonnesia, or Vietnam? Even worse, I'm from China, a country U.S. politicians can never live with and big business can never live without. When President Clinton made the painful and controversial decision to extend China's Most Favored Nation (MFN) trading status last May, Congress failed to use human rights--its traditionally lethal weapon--to exert sufficient pressure on the president. Let's not waste time trying to make sense of the subtle relationship between MFN and human rights, but rather focus on the second issue...
Clinton blinks, renews MFN status for the Lords of Tiananmen...