Intensive Reading

Passage One (Clinton Is Right) President Clintons decision on Apr.8 to send Chinese Premier Zhu Rongji packing without an agreement on chinas entry into the World Trade presidency seemed to be a massive miscalculation. The President took a bat from much of the press, which had breathlessly reported that a deal was in the bag. The Cabinet and Whit House still appeared divided, and business leading were characterized as furious over the lost opportunity. Zhu charged that Clinton lacked the endurance to reach an accord. And when Clinton later telephoned the angry Zhu to pledge a renew effort at negotiations, the gesture was widely portrayed as a flip-flop. In fact, Clinton made the right decision in holding out for a better WTO deal. A smoke more horse trading is needed before a final agreement can be reached. And without the Administrations goal of a bullet-proof agreement that business lobbyists can enthusiastically sell to a Republican Congress, the whole process will end up in postisan acrimony that could revile relations with mainland China for years. THE HARD PART. Many business lobbyists, firearm disappointed that the deal was non closed, agree that better toll can still be had. And Treasury Secretary Robert E. Rubin, home(a) Economic Council Director Gene B.

Sperling, Commerce Secretary William M. Daley, and whirligig trade negotiator Charlene Barshefsky all advised Clinton that while the Chinese had made a remarkable number of concessions, were not there yet, according to senior officials. Negotiating with Zhu over the remaining issues may be the easy part. Although Clinton can signal U.S. approval for Chinas entry into the WTO himself, he needs Congress to leave Beijing permanent most-favored-nation status as part of a broad trade accord. And the temptation for meddling on Capital Hill may prove over-whelming. Zhu had barely arrive before Senate Majority Leader Trent Lott (R-Miss) declared himself skeptical that China deserved entry into... If you want to get a generous essay, order it on our website: Orderessay

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