China's MFN Trade Status, Day 2
1991-06-21T04:29:37-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvOWIyXC8xOTkxMDYyMTA0MzA1NTAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The committee heard testimony on legislation introduced by Sen. Cranston (D-CA), member of the Foreign Relations committee, to disapprove of the renewal of most favored nation trade status for China. Most favored nation trade status, which must be granted to countries without free market economies, would normalize trade relations between China and the U.S. MFN status was repealed for China following the crackdown on dissenting students in Tiananmen Square in 1989. The Bush administration supports the renewal of MFN status for China, because the trade relationship that existed before the crackdown took years to build and would require years to rebuild if it completely broke down. Opponents of most favored nation trade status for China cite the continuing human rights abuses in the totalitarian country, and desire the linkage of political changes in China with renewal of MFN trade status.
The committee heard testimony on legislation introduced by Sen. Cranston (D-CA), member of the Foreign Relations committee, to disapprove… read more
The committee heard testimony on legislation introduced by Sen. Cranston (D-CA), member of the Foreign Relations committee, to disapprove of the renewal of most favored nation trade status for China. Most favored nation trade status, which must be granted to countries without free market economies, would normalize trade relations between China and the U.S. MFN status was repealed for China following the crackdown on dissenting students in Tiananmen Square in 1989. The Bush administration supports the renewal of MFN status for China, because the trade relationship that existed before the crackdown took years to build and would require years to rebuild if it completely broke down. Opponents of most favored nation trade status for China cite the continuing human rights abuses in the totalitarian country, and desire the linkage of political changes in China with renewal of MFN trade status. close
People in this video
- Holly Burkhalter Director Human Rights Watch->Washington, DC
- Xingyu Chen President Independent Fedn. of Chinese Students
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- William Simon Founder The New Republic
- Don Vaughn Representative Emergency Committee for American Trade
- Warren Williams President Hong Kong->American Chamber of Commerce
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