Chinese in serious market access negotiations "this year, and probably sooner rather than later". The threat to withdraw MFN would certainly be hovering over those negotiations. As for Congress, the trade numbers, combined with the political arguments, were bound to keep the MFN issue a live one if the President did renew the waiver.
Andrew Heath
yous ever, Auchen
First Secretary (Commercial)
CC:
Commercial Department, Beijing
British Trade Commission, Hong Kong
FED, FCO
Mr Lo, Hong Kong Office
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