November 23, 1997 |
Vowing not to be defeated by the financial crisis sweeping Asia, a group of senior Pacific Rim officials meeting here Saturday vowed to press forward with market-opening measures and threw their support behind a proposal to establish a financial support plan for their troubled region. Ministers representing the United States and 17 other members of the Asia-Pacific Economic Cooperation forum, which is holding its annual meeting here, also pledged their commitment to meet a Dec.
October 29, 1997 |
As stock markets around the world stagger from a chain of events that started with currency devaluations in Southeast Asia this summer, some observers here say the next big wave out of Asia may be a humongous export boom. An Asia-wide export drive, combined with other factors, including pressures on Japanese banks to bring home overseas capital, could inflict far more serious trouble on the U.S. economy than what it has suffered the last few days, these doomsayers warn.
July 20, 1997 |
A glimpse at the background of Yah Lin "Charlie" Trie reveals that the Taiwanese immigrant worked at his Chinese restaurant in Little Rock, Ark., before opening a small consulting office in Beijing in late 1992 when his friend of 13 years, Bill Clinton, was elected president. But his resume became much grander after a major make-over by the Clinton administration's Office of the U.S. Trade Representative.
July 20, 1997 |
To a chorus of relief--and disbelief--in bleeding Northern Ireland, the Irish Republican Army on Saturday declared a cease-fire, effective this morning, that will allow its political arm to participate in peace talks after decades of sectarian violence. Renouncing a terrorist campaign that has included bombings, the killings of two policemen and the disruption of public services in recent months, the IRA announced that the cease-fire will begin at noon today (4 a.m. Los Angeles time).
March 23, 1997 |
As politicians in Washington were proposing measures last week to deny China trade privileges and even the right to lease a terminal in the port of Long Beach, the state treasurers of California, New Hampshire and Utah were addressing a conference in Newport Beach on investing public pension funds in Pacific Rim countries, including China. Even as the government was reporting a record U.S.-China trade deficit owing to January's imports of clothing and toys, Philip Condit, president of Boeing Co.
November 17, 1995 |
President Clinton's decision to cancel a trip here so he can deal with the budget crisis at home was widely viewed in Japan on Thursday as nearly an insult. While government officials expressed understanding of the cancellation and tried to put the best face on it, mass media were not so forgiving. Many reports described Clinton's decision as a fresh indication that the United States takes Japan too lightly.