Clinton Breaks The Ice

Call it business diplomacy. Three weeks ago, the State Dept., fearful of upsetting China, vetoed a planned visit to Taiwan by Transportation Secretary Federico F. Pea. With other countries sending top officials to Taipei to help companies win big infrastructure contracts, American businesses in Taiwan pleaded for similar aid. "The timing is critical," wrote the U.S. Chamber of Commerce in Taipei to President Clinton in late November. Days later, the President agreed, allowing Pea to visit Taipei in early December, the first Clinton Cabinet member to travel to the island.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.