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Article 1 Unchanging China News Analysis by David Shapinsky ABCArticle 2 WTO Entry Mixed Blessing for China By John LeicesterArticle 3 The Imperial Dragon By Terry McCarthy Time Magazine After rather lengthy negotiations between the United States and China there hasbeen a trade agreement reached between the two countries China has agreed to enterinto the World Trade OrganizationWTO This along with US Deputy AssistantDefense Secretary Kurt Campbells visit to China in an attempt to mend relationsdamaged by the US bombing of the Chinese Embassy in Belgrade marked a good seriesof events for US and Chinese relations The article also shows that the relationshipbetween these two countries still needs work which cannot be done with easeA century ago the US fought off rival countries in a battle for economicinfluence in China The 20th century began with US Secretary of State Jon Hay arguingthat whoever understood China has the key to world politics for the next five centuries Yet according to the article foreign policy experts agree that most Americans see whatthey want to see Harvey Sicherman President of the Foreign Policy Research Instituteput it nicely in the article The pattern of our policy toward China is a series of illusionsProfessor Michael Hunt an historian of US-China relations points out Wereally invest a lot of hopes in China we do this repeatedly and theyve really beencrushed They are so much an expression of our own needs and our own expectations Take the idea of the China market One Far-Eastern expert proclaimed at the endof the last century No other market in the world offers such vast and variedopportunities for the further increase of American exports Take that comment with thisone by the US chamber of Commerce about the recent progress made This is really alandmark opportunity to open up Chinas vast market to American companies Theseexpectations could be dangerous points out the author The market might not even materialize into what many are predicting it to be
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