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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Nov. 16, 1999)
Page 16 • Tuesday, November 16. 1999 w ORLD China, U.S. sign breakthrough agreement BEUING (AP) — After 13 years of fitful talks and six days of grueling bargaining, Chinese and U.S. nego tiators signed a breakthrough agree ment yesterday that would remove trade barriers and clears the biggest hurdle to China’s entry into the World Tfade Organization (WTO). The agreement obligates China to cut tariffs an average of 23 percent and promises greater access to the relatively closed Chinese market for U.S. banks, insurers, telecommuni cations firms and Hollywood film ex porters, according to a statement re leased by the U.S. Embassy. None of the terms will take effect until China gains entry to the WTO and most would be phased in over five years or longer. U.S. Trade Representative Char lene Barshefsky and China’s foreign trade minister, Shi Guangsheng, signed the agreement. They then shook hands and were joined in a champagne toast by President Clin ton’s special economics adviser. Gene Sperling and Long Yongtu, Chi na’s lead WTO negotiator. Barshefsky then went to the Communist Party leadership com pound and met Chinese President Jiang Zemin. “Where there’s a will, there’s a way,” Jiang told Barshefsky after the signing. In Ankara, TUrkey, Clinton said the agreement was “a profoundly important step” in relations between Washington and Beijing and a boom for the global economy. China’s ad mission to the WTO has been a ma jor foreign policy and economic goal of the Clinton administration. “In opening the economy of Chi na, the agreement will create un precedented opportunities for Amer ican farmers, workers and Trading with China China's 1998 balance of trade Billions ol dollars The U.S.-China trade deal signed Monday will obligate Beijing to cut tariffs and grant greater access to China’s market. China's trade with the U.S. Billions ol dollars $140.2 o China's trade with the world i. Netherlands. 12% Taiwan 12% Puerto Rico, Virgin Islands under hurricane watch Moving: ESE atuJwJnesday • Nov Sustained winds "iff— 1996 1997 1998 Others’* - 45% "Germany, t LI S. Dept ol Commerce, CIA V AP/Wm. J Gastello companies to compete successfully in China’s market, while bringing in creased prosperity to the people of China,” Clinton said. “This is a profound and historic moment in U.S.-China relations,” Barshefsky said. China’s Shi called it a “win-win” deal that was “mutually satisfactory for both countries. ” PORT-AU-PRINCE, Haiti (AP) — Hurricane Lenny lost some strength yesterday but threatened Haiti and the Dominican Republic — where the expected heavy downpours could cause flooding. The southern coasts of the two countries that share the island of Hispaniola were under a hurricane watch, as were Puerto Rico and the U.S. and British Virgin Islands. Lenny passed south of Jamaica yesterday, and a hurricane watch there was canceled. Noting the hurricane’s unusual eastbound route, the U.S. National Weather Service warned, “Do not be fooled. This is a potentially very serious situation.” Meteorologist Ronnie Semexant Save 50% on card calls. And spend Spring Break in Cancun, not Kansas. m I m Ism How do you make a calling card call using 1-800-C0LLECT? It's easy. Just dial 1-800-C0LLECT, and bill your call to a card you already have in your wallet. You can use a participating credit card or local phone company calling card—at half price* So try it today, and start counting those pesos. 1-800-C0LLECT Now Fop Calling Card Calls, www.1800collect.com •Savings vs. AT&T basic rates for interstate card calls. Participating cards only. Offer ends 1/31/00. of Haiti’s weather bureau said peo ple on the south coast were being asked to evacuate to higher ground. “The land is already saturated from heavy rains, meaning that the slightest rain will cause flooding,” Semexant said. Even before Lenny arrived, po lice said two toddlers were killed in mudslides before dawn yesterday in Santo Domingo, when saturated earth collapsed onto mud houses in shantytowns surrounding the city. Lenny was moving east near Wind gusts: 120ir? Hurricane Leniif 15 mph yesterday aftern U.S. National Hurricane in Miami said. Its maximum sustains went down from 100 mp mph and extended 30 mil in, tl mter the win cuWeather Miter with troo BY S anothe ? storm 145 m ould < 1 winds ti to 85 ?s from mcne wind: wave ■he question bin’on"Ha nc f a § ain has bl uld whip up 1: f cu ty of lexas | forecasters said if ponfire as an JlHirday by men re cut site is nc tniversity Police ^ The incident ii liets Dave Berre ofe mechanical mud with tape a lontire cut site w ard chocolate s> Rusty Thomps vhat he could see ncident, hazing , ations likely to h wThis is defin poked into, and “But [the] h fficult to unde John D. Hunfley Class of '79 31TB South College Ave., College Station, TX 7781 (409) 846-8916 BY JULI The I 'A Bonfire Story • MSC Hospital events on the neax to inform Texas / ty and staff abor lem of hunger a f) the Bryan-CoHeg* lldiscussion pai less men and w< is Valley will 1 groom at noon. ■ According to istics, 34,000 pt §|ch day; 90 perd lien under five. ■ The panel me )atrons of the T ■meless shelter i ood, clothing am AIpqc Everyone has their own thoughts on Bonfire. Iheresa Aless & it or of the Twn Maybe you go home to be with family.. Maybe you watch it on TV... Maybe you have been every year... Maybe you avoid the event altogether. ipgram, said th i:ause the publ He to the men, 1 Ro do not have “The [homele week are going t . .. : R:ts of their live Come and snare uour Bonfire Stipe public mus ' )e no exploitatic November 16,1999 » A “ r 5 MSC 231 7pm vIFE B usiness Fdg JHmmmmI " vill benefit sti hough panel me ess in common ( t different way. Gender Issues ‘The most im] Education Sew's that A&M stuc 845-1107 hese people are ' ^hey are,” she sai n their 20s and e 1 |Tim Duvall, c jity executive of i junior speech i A PUBLICATION e>F THE BUSINESS STUDENT COP Would you like to help shape our future? By si ness E dot , 3P< •14th-rs take on Volleyball sets i against Kansas Designers / Page Layout Writers Photographers Corporate Relations / Advertising • Blown out Real-time Inter net chats with/ politicians / produce hype but no real results. Page 13’