[Congressional Record Volume 140, Number 106 (Thursday, August 4, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: August 4, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                 NO TAX BREAK FOR THE CHINESE MILITARY

  (Ms. PELOSI asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. PELOSI. Mr. Speaker, on Monday or Tuesday the House will be 
voting on legislation to revoke most-favored-nation status on products 
made by the People's Liberation Army and other Chinese industrial 
trading companies. Some have said, ``Oh, it's impossible to target 
those companies,'' and here I want to disabuse my colleagues of that 
notion.
  Mr. Speaker, I have sent a Dear Colleague with a summary of this 
chart but wanted to advise my colleagues that more information is 
available. This is a chart of the Defense Intelligence Agency which 
describes China's Defense Industrial Trading Company. It depicts the 
commercial companies under two main hierarchies of the defense complex, 
the Uniformed Services of the People's Liberation Army and the Defense 
Related Ministries.

                              {time}  1050

  These import-export companies market products and earn foreign 
currency to support defense-related research development and 
operations. The companies depicted are established and chartered to 
conduct business in the international market. Many have offices 
overseas. While they are profit-oriented and they gain foreign currency 
earnings, they also are the primary conduits for the acquisition of new 
and advanced technologies.
  Mr. Speaker, this body has repeatedly confirmed its commitment to 
making trade fairer, the political climate freer, and the world safer. 
Giving a tax break to these companies is not in furtherance of those 
goals.
  Mr. Speaker, I urge my colleagues to support H.R. 4590. We should not 
give a tax break to the People's Liberation Army, the same army that 
sent a bill to the families of the children killed in Tiananmen 
Square--a bill for the bullets used in killing their children.

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