[Congressional Record Volume 141, Number 157 (Wednesday, October 11, 1995)]
[Extensions of Remarks]
[Page E1926]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      TAIWAN AND WORLD RECOGNITION

                                 ______


                        HON. SHEILA JACKSON-LEE

                                of texas

                    in the house of representatives

                      Wednesday, October 11, 1995

  Ms. JACKSON-LEE. Mr. Speaker, during the August recess, I had an 
opportunity to visit the Republic of China on Taiwan and to meet with 
President Lee Teng-Hui and Foreign Minister Frederick Chein. I was very 
impressed with their plans for further economic growth and political 
reforms. However, both men appeared very upset with PRC's military 
exercises around the island during July and August. They viewed the 
Chinese missile tests as an undisguised military threat against Taiwan 
and pleaded for international attention to the matter of increasing 
military tensions in the Asia-Pacific region, emphasizing China's 
constant belligerence.
  I share President Lee and Minister Chien's concern. I noticed that 
the tests had adversely affected confidence in Taiwan's economic 
climate, sending both the Taiwanese stock market index plummeting to 
its lowest level since December 1993 and causing the Taiwan dollar to 
fall to a 12-month low.
  I hope that the Chinese Government, in the spirit of cooperation, 
will announce its cessation of future military exercises near the 
shores of Taiwan. Continued exercises will only further discourage 
Taiwanese business investments in mainland China and exacerbate 
increased tension in the Taiwan straits. These affronting activities 
harm both the Republic of China on Taiwan as well as mainland China.
  Mr. Speaker, I hope that there will be peace in the Taiwan straits as 
the Republic of China on Taiwan readies itself for the celebration of 
National Day on October 10, 1995.

                          ____________________