[Weekly Compilation of Presidential Documents Volume 30, Number 39 (Monday, October 3, 1994)]
[Page 1911]
[Online from the Government Publishing Office, www.gpo.gov]

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Memorandum on China

September 30, 1994

Presidential Determination No. 94-53

Memorandum for the Secretary of State

Subject: Determination Under Section 2(b)(2)(D) of the Export-Import 
Bank Act of 1945, as amended: People's Republic of China

    Pursuant to section 2(b)(2)(D) of the Export-Import Bank Act of 
1945, as amended, I determine that it is in the national interest for 
the Export-Import Bank of the United States to extend a loan in the 
amount of approximately $134,009,496 to the People's Republic of China 
in connection with the purchase of U.S. equipment and services for the 
expansion of the Ligang power station within Jiangsu Province.
    You are authorized and directed to report this determination to the 
Congress and publish it in the Federal Register.
                                            William J. Clinton