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...Chaoying, a top executive at China Aerospace International Holdings (the subsidiary of a huge Chinese satellite-launching outfit), and funneled at least $35,000 of it to the Democratic National Committee. Here's where it gets sticky: after Chung passed illegal money to the D.N.C., Clinton approved the transfer of commercial satellite-launch technology to China--technology that might have helped China improve the accuracy of its long-range ballistic missiles that threaten...

Author: /time Magazine | Title: Red Face Over China | 6/1/1998 | See Source »

...TIME's examination of the evidence suggests there may be less to the China connection than meets the eye. Investigative sources tell TIME there's no evidence that anyone in the White House knew Chung was funneling money from Chinese sources or that Chung ever lobbied anyone about the transfer of satellite-launch technology. Chung's lawyer, Brian Sun, insists Liu never discussed satellites or waivers with Chung. At least part of their partnership concerned the prosaic business of trading auto parts and telephone equipment...

Author: /time Magazine | Title: Red Face Over China | 6/1/1998 | See Source »

Last February, another Loral waiver request landed on Clinton's desk. The State Department supported the waiver, arguing that it would promote trade with China and enhance America's position as the world telecommunications leader. But Clinton knew that Loral's technology transfer was under investigation. He also knew that Loral's chairman, Bernard Schwartz, was the largest individual donor to the D.N.C. in 1996, responsible for more than $600,000 in soft-money donations. Clinton was warned in a Feb. 18 decision memo that Justice believed that if the Loral investigation ever went to trial, "a jury likely would...

Author: /time Magazine | Title: Red Face Over China | 6/1/1998 | See Source »

Reaching the far corners of today's global market means not always staying in four-star hotels. Consider the experience of Howard Kaplan, 36, executive vice president in charge of technology-transfer projects for TransChem Finance & Trade, a Delaware-based firm that works primarily with developing and former communist countries to make their agricultural and energy systems more efficient. Local contacts always strive to give him a taste of their culture. He has eaten (by hand) a spit-roasted cow in Romania, hunted for boar in Tatarstan and ridden a camel through Mongolia. Getting the local touch often means bedding...

Author: /time Magazine | Title: Megacommuters | 5/25/1998 | See Source »

...Titans also boast one of California's top lefthanded starters in Cal State-Northridge transfer Benito Flores. The senior--who was junior righthander Donny Jamieson's teammate at Orange Country's El Dorado High School--sports a nifty 12-0 record...

Author: By Daniel G. Habib, CRIMSON STAFF WRITER | Title: Baseball Goes Down to Bayou | 5/20/1998 | See Source »

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