Word: sino
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...strongest case for an adjustment in U.S. China policy can be made in a larger, global context. Given the steady widening of the Sino-Soviet rift, the world power equation has changed dramatically. With the passing of monolithic Communism, interesting possibilities open up for U.S. diplomacy. The U.S. has tended to look "pro-Russian" in the Sino-Soviet conflict. If that becomes a permanent label, it will only serve to exacerbate Peking's paranoia about collusion between "imperialist" Washington and "revisionist" Moscow...
...their bluntest ideological attack yet in the 9½-year-old Sino-Soviet dispute, the Russians finally gave up all pretense of trying to effect a reconciliation with their Asian comrades. They have now brusquely read them out of the international brotherhood. "The Communist Party of China is no more," wrote Izvestia. "The Maoist rally is actually the first congress of a new organization which has nothing in common with the Communist Party of China or with international Communism...
...firefights on the Sino-Soviet borders have also caused the Russians anxiety about their future security. The Soviets feel that the two recent incidents on Damansky Island in the Ussuri River may well be a small foretaste of things to follow. As Kommunist, the official Soviet party magazine, warned: "Mao and his associates are trying to instill in the minds of the Chinese people the possibility of armed conflict between the Soviet Union and the Chinese People's Republic...
China's efforts in Eastern Europe and those of Russia in Asia are part of a global Sino-Soviet competition that has gained new impetus and urgency because of the firefights on the Ussuri River border. Though the Soviets claim they have evacuated the disputed island in the Ussuri and have called for a negotiated settlement of the issue, the competition continues. The immediate aim of both sides is to recruit supporters for the world meeting of Communist parties, now scheduled for June 5 in Moscow. The long-range objective is to gain a strong foothold in the adversary...
Next, Crosby learned that the Chase Manhattan Bank controlled 1,500,000 more shares of Pan Am. He invited a number of Chase officers down to the Bahamas to inspect his Paradise Island complex of hotels and a gambling ca sino. The bankers thereupon agreed to sell their Pan Am stock, then worth about $39 million, for a complex pack age of Resorts' notes and warrants...