[Congressional Record Volume 145, Number 42 (Wednesday, March 17, 1999)]
[Senate]
[Pages S2825-S2826]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CHINA'S WTO ACCESSION AND THE VISIT OF PREMIER ZHU RONGJI
Mr. BAUCUS. Mr. President I rise to offer some thoughts on our
relations with China, and in particular the prospects of China's WTO
membership, as the visit of Premier Zhu Rongji to the United States
next month approaches.
context of relationship
Let me begin, however, with some context.
During this decade, the Senate and the country as a whole has had an
intense debate on China policy. Participants in this debate have taken
radically different views on the prospects of our relationship, and on
the trade, security and human rights policies we should adopt in it.
But virtually all participants have held one basic assumption: that
is, that economic growth in China will inevitably continue at a very
rapid rate for many years to come, and that consequently, China is a
``rising'' regional power which is likely to become a superpower
economy and military power on a par with ourselves.
For some time I have been skeptical of this assumption. In the past
year, as the Asian financial crisis has affected China more and more
deeply, another possibility has become quite clear: China's immediate
future may be one of protracted economic difficulties and social
instability rather than unbroken ascendance.
Within the past year, China's growth appears to have dropped
significantly. Foreign investment commitments have dropped. Signs of
financial crisis have emerged in Guangdong Province. China's exports
overall seem to have dropped due to the contraction of Asian economies.
And unemployment in cities has risen sharply.
This has coincided with growing strains in our relationship. A number
of Chinese actions--notably arrests of a number of people associated
with the Chinese Democracy Party, and a series of statements by Chinese
officials about American research on theater missile defense--have
raised a great deal of concern, and rightly so.
These have been combined with inflammatory reports in the press on
clandestine Chinese efforts to gain access to American military
technology, including nuclear weapons design.
u.s. response
How do we respond?
First of all, we should not simply set these issues aside and we
should not be intimidated. In our bilateral relationship, I do not, for
example, agreed with those who say that spying--especially in areas as
sensitive as nuclear technology--is a natural and tolerable activity by
foreign governments and that the only fitting response is better
security in the U.S. Spying is intolerable and a breech of national
security of this magnitude deserves the most serious attention and
swiftest of action.
And I do not agree with Chinese contentions that policies to defend
American troops abroad, our treaty allies and our homeland from missile
attack are destabilizing and provocative.
And with respect to Taiwan, our goal must always be prevention of
conflict in the Strait, and the more China threatens Taiwan with
missiles, the more Taiwan will need to provide for security against
missiles.
Likewise, we should continue to develop our relationship with our
Asian allies and the Pacific region generally.
Special priorities this year should be ratification of the newly
developed defense guidelines in our alliance with Japan; passage of the
legislation allowing joint military exercises with the Philippine
Senate; conclusion of the negotiations toward a commercial
[[Page S2826]]
agreement and normal trade relations with Vietnam; and broader efforts
toward economic recovery in Asia.
At the same time, however, we should avoid seeing the present strains
in relations with China as signs of inevitable confrontation. They
likely reflect growing fears of domestic unrest and loss of confidence
in China's future strength, rather than an arrogance born of security
and success.
And while we should be firm, we must also avoid being wilfully
provocative or unwilling to seek out common interests.
u.s. interests in wto accession
That brings me to the largest single item of common interest on our
agenda: China's potential accession to the WTO.
Such an accession would have immense potential benefits for both
America and China.
From our perspective, it can create a more reciprocal trade
relationship; promote the rule of law in China; and accelerate the
long-term trend toward China's integration into the world economy and
the Pacific region.
This integration is, we should always remember, immensely important
to our long-term security interests.
To choose one example, twenty-five years ago China would likely have
seen the Asian financial crisis as an opportunity to destabilize the
governments of Southeast Asia, South Korea and perhaps even Japan.
Today it sees the crisis as a threat to its own investment and export
prospects and has thus contributed to IMF recovery packages and
maintained currency stability.
Thus China's policy has paralleled and complemented our own; and as a
result, the Asian financial crisis remains an economic and humanitarian
issue rather than a political and security crisis.
From China's perspective, WTO entry has the long-term benefits of
strengthening guarantees of Chinese access to foreign markets and
promoting competition and reform in the domestic economy; and the
short-term benefit of creating a new source of domestic and foreign
investor confidence at a time of immense economic difficulty.
commercially meaningful accession essential
Neither of us, however, will win the full benefits of WTO accession
unless the accession agreement is of commercially meaningful quality.
Thus Congress should be vigilant about the details of such an
agreement. Broadly speaking, this means:
Significant tariff reductions and other measures to liberalize trade
in goods;
Market access for agriculture, including the elimination of phony
health barriers of Pacific Northwest wheat, citrus, meats and other
products.
Liberalization of service sectors including distribution,
telecommunications, finance, audiovisual and others;
This requires a lot from China. It is not entirely clear that China
will make a commercially meaningful offer to us. and if they do not, we
should be willing to wait rather than push forward with this accession.
accession must be judged on trade policy merits
However, if they are ready to make such an offer, the United States
should clearly be willing to say yes. That should include the permanent
normal trade relations we offer virtually all WTO members.
Congress would, of course, have to vote on permanent normal trade
relations. Because Congress already holds all the cards with respect to
the Normal Trade Relations vote, I am concerned about proposals to
create a second vote, which would delay accession by requiring a prior
vote on admission. This raises a number of troubling questions.
First, I think we need to be prepared to move quickly if and when we
get the desired commercially acceptable accession package--simply put,
we must be prepared to strike when the iron is hot. Such an important
step should not be hamstrung by requiring a separate vote by Congress.
Second, the proposal raises constitutional and precedential
questions. Congress has not voted on any of the previous 100 GATT and
WTP accessions since 1948, since WTO accessions are executive
agreements which generally require no U.S. concessions.
But most important, a vote on WTO accession would more likely be a
judgment on the immediate state of our overall relationship with China
than on the trade policy details of the accession.
China's accession to the WTO is about whether China is ready to trade
openly and fairly with the United States. Whether China will accept
rule of law and abide by that rule of law.
In effect, we would likely hold a set of unilateral trade concessions
by China to the United States hostage to every other concern we have
about China--from human rights to security, environment, labor policies
and much more. The likely result would be an immense loss to the United
States. Therefore, I do not favor such a proposal and will oppose it on
the floor.
conclusion
In conclusion, Mr. President, China policy must not be considered
simply in isolation.
Premier Zhu's visit offers us an immensely important opportunity,
both to right the overall course of our relationship and to conclude
the specific talks over WTO membership for China on the right,
commercially meaningful basis. I welcome this and hope our colleagues
will do the same.
But this relationship is only one piece--important, but only one
piece--in our broader relationship with the Pacific region and our
Asian allies.
If we are to develop these other relationships carefully; if we are
firm with China when necessary but also willing to seek out areas of
common interest; if we react to difficult periods with confidence in
our own strength and commitment to our own interests, we can expect a
very good future.
I am fully confident that this is what we will do because we have
some very important opportunities here to be sure to secure that
relationship.
I thank the Chair and I yield the floor.
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