There has been no progress on insurance, and no movement on arbitration and dispute settlement. First, China's accession to the World Trade Organization. Negotiations have intensified over the past four years. But not on market access. Much has been done to achieve that goal.
China is in the midst of sweeping economic reforms.
Growth remains solid. But these reforms, and this growth must continue. Closing markets in key sectors will not help. I know you are eager to make progress before next Spring. But without a good market access package, President Clinton will have a hard time working with the U.S. Congress on permanent, normal trade relations for China.