Ford: China's Increasing Ties to Enhance Trade Agreements

Article excerpt

TULSA - China's increasing economic ties with the West, reinforced by leadership changes within the Chinese Communist Party announced Monday, will enhance trade agreements between that country and America, former President Gerald Ford said Monday.

``There is no doubt that new policies replacing unwieldy central production. . .will bring new vigor to the Chinese domestic economy,'' Ford said at a China-U.S. trade conference in Tulsa. ``Americans applaud this development.''

Ford addressed about 1,000 delegates at the opening session of Operation Breakthrough: China's Middle America Initiative. The four-day conference features discussions among about 150 Chinese business and government leaders and about 500 U.S. businessmen.

The conference, sponsored by the China-U.S. Liaison Office and the Tulsa Global Trade Foundation, opened the same day that Premier Zhao Ziyang became head of the Chinese Communist Party. The leadership reshuffle brings younger, reform-minded officials into top positions of power.

The new Chinese leaders are expected to continue to expand trade relations with the United States and other western countries, said Wang Daohan, director of the Shanhai Economic Zone in China, who also addressed the opening session. …