January-February 2000
Issue:

Cover by JHDesign

It has been my distinct privilege to serve as chairman of The US-China Business Council during one of the most exciting periods in the Council's history. With the November agreement between the United States and China, we stand tantalizingly close to an objective that many business and government leaders have pursued for more than a decade--China's accession to the World Trade Organization.

Now, for the US to reap the many benefits of the agreement, we must ensure that the US Congress grants permanent Normal Trade Relations (PNTR) status to China this year.

The economic benefits of trade with China are well documented. It is clear that American consumers welcome the opportunity to buy goods made in China and that US companies and their employees have much to gain from freer access to China's rapidly growing markets.

But American companies export more than their products to China. They also export their values, operating standards, management practices and commitm ent to the community--a fact that many critics of globalization and free trade overlook.

The reality is that global corporations are a powerful force for positive social change, influencing how people live, work and treat each other around the world. One of the most intriguing benefits of Normal Trade Relations with China is the potential to help improve the quality of life for Chinese citizens.

As the decision on PNTR comes to the table this year, let's make our elected officials and employees mindful of the full range of positive effects--economic, social and environmental--that Normal Trade Relations with China can have.

Thank you for your support of The US-China Business Council and the cause of PNTR.

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