WRONG as always..!!!
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~Bill Clinton on China~
Spur reforms via PNTR and China in WTO
After 13 years of negotiations, the Administration concluded a landmark agreement for China’s entry into the World Trade Organization. China agreed to grant the U.S. significant new access to its rapidly growing market of over one billion people, while we have agreed simply to maintain the market access policies we already apply to China by granting it permanent Normal Trade Relations. The U.S.-China agreement slashes Chinese tariffs on American goods; opens China’s markets to American services, and contains safeguards against unfair trading practices. China’s membership in the WTO will spur economic reforms in China, open China to information and ideas from around the world, and strengthen the rule of law in China.

The Administration [also] secured commitments from Asian Pacific nations to eliminate barriers to open trade in the region by 2020 for developing countries and 2010 for industrialized countries. Over the next two years, 15 sectors will be identified for tariff reductions.
Source: WhiteHouse.gov web site Jul 2, 2000

Fair trade will liberalize China
Fair trade among free markets does more than simply enrich America; it enriches all partners to each transaction. It raises consumer demand for our products worldwide; encourages investment & growth; lifts people out of poverty & ignorance; increases understanding; and helps dispel long-held hatreds. That’s why we have worked so hard to help build free-market institutions in Eastern Europe, Russia, and the former Soviet republics. That’s why we have supported commercial liberalization in China-the world’s fastest-growing market. Just as democracy helps make the world safe for commerce, commerce helps make the world safe for democracy. It’s a two-way street.

In the coming years, we must continue to negotiate to lower trade barriers and insist that our trade partners play by fair trading rules. As we continue to work to open new markets, we must ensure the protection of our workers & our environment, as well as seek to advance labor and improve environmental conditions in developing countries.
Source: Between Hope and History, by Bill Clinton, p. 36 Jan 1, 1996