Extracts.

                       Wednesday, December 27, 2000, updated at 09:33(GMT+8)

                       Jiang on Anti-corruption Campaign
                       ------------------------------------------------------
                       Jiang Zemin, general secretary of the Communist Party
                       of China (CPC) Central Committee, Tuesday called on
                       governments at all levels to continue to fight
                       against corruption with a firm hand in the new era to
                       safeguard the achievements of reform and development.

                       Jiang, also Chinese president and chairman of the
                       Central Military Commission, made the remarks while
                       addressing the CPC Central Commission for Discipline
                       Inspection's fifth plenary session.

                       Wei Jianxing, member of the Standing Committee of the
                       Political Bureau of the CPC Central Committee and
                       secretary of the CPC Central Commission for
                       Discipline Inspection, presided over the session.

                       The session was also attended by other senior Chinese
                       Party leaders Li Peng, Zhu Rongji, Li Ruihuan, Hu
                       Jintao and Li Lanqing.

                       Jiang reviewed the country's efforts to fight
                       corruption during the past years, saying that
                       important experience has been obtained. He urged all
                       Party members to bear the awareness of the importance
                       of the anti-corruption campaign and persevere to
                       carry through the drive.

                       He also noted that the endeavor to fight corruption
                       and build a clean government is a long-lasting and
                       arduous task, which should be carried out in the
                       whole process of reform and opening up.

                       He stressed that three major jobs in the drive should
                       be done well, namely, educating officials of
                       self-discipline, investigating major cases and
                       correcting the malpractice in various departments and
                       sectors. Problems which the masses complain about the
                       most should be dealt with in time, Jiang reiterated.

                       Jiang also reviewed the nearly 80 years of the CPC's
                       history. In the first 28 years, the Party led the
                       people to fight for the founding of New China. In the
                       latest more than 50 years, the CPC has played the
                       role of a ruling party, leading the people for
                       socialist construction.

                       Jiang emphasized that the shift of the position and
                       responsibility of the Party and those of Party
                       members have brought up a new task for Party
                       building.

                       Jiang warned that it is more difficult for the party
                       in power to improve Party building and management,
                       and this has been proved by both history and
                       experience.

                       He urged Party members to guard against the negative
                       effect of the shift in position and always adhere to
                       the Party's tenet to maintain the Party's vigor.

                       Jiang noted that the prominent problem for a party in
                       power is how to ensure that Party members and
                       officials have a correct understanding of interests.

                       He said that a qualified Party member should serve
                       the people heart and soul, and never act against the
                       will and benefit of the masses.

                       The Party's anti-corruption drive represents the will
                       of the broad masses. Party committees at all levels
                       should actively seek effective ways and methods to
                       supervise officials and educate them in an effort to
                       prevent the occurrence of corruption from the source,
                       he said.

                       Jiang also called for more stringent enforcement of
                       laws and regulations, pointing out that
                       anti-corruption should be considered during the
                       promulgation of major reform policies, laws and
                       regulations, and the socialist democratic political
                       system and legal system should be strengthened.

 ****


                       Tuesday, December 26, 2000, updated at 20:30(GMT+8)


                       Chinese FM Spokeswoman on Humanitarian Situation in
                       Iraq

                       China hopes the sanctions on Iraq will be lifted at
                       an early date, said Foreign Ministry spokeswoman
                       Zhang Qiyue at a regular press conference Tuesday,
                       December 26.

                       In response to a relevant question, Zhang said that
                       after a long period of sanctions, the Iraqi people
                       have suffered a lot and the humanitarian situation
                       there is serious.

                       She said that relevant resolutions passed by the
                       United Nations concerning the Iraqi issue need to be
                       implemented, while Iraq's independence, sovereignty
                       and territorial integrity should also be respected.

                       The international community should justly evaluate
                       Iraq's implementation of relevant U.N. resolutions,
                       Zhang said.

                       According to Zhang, the major purpose of the visit to
                       Iraq by Chinese State Councilor Ismail Amat is to
                       investigate the humanitarian situation in Iraq and to
                       convey the deep sympathy of the Chinese people to the
                       Iraqi people for their sufferings under the
                       sanctions.

                       China, as a permanent member of the UN Security
                       Council, has made unremitting efforts to break the
                       impasse of the Iraq problem and will continue to do
                       so for an early settlement of the problem, the
                       spokeswoman said.

****

Jiang on Development of Sino-Vietnamese Relations in New Century

Chinese, Vietnamese Presidents Hold Talks
----------------------------------------------------------------------------

President Jiang Zemin, in a meeting with Vietnamese President Tran Duc
Luong Monday, December 25, stressed four points for the development of the
Sino-Vietnamese relations in the new century.

First, China will continue to develop state-to-state relationship with
Vietnam on the basis of the five principles of peaceful co-existence, Jiang
said.

The two parties' friendly relations of cooperation should continue to be
developed in accordance with the principles of independence, complete
equality, mutual respect and non- interference in each other's internal
affairs, he said.

Secondly, Jiang said, the two countries should maintain high-level contact
as well as contact at other levels and strengthen cooperation in regional
and multi-lateral international affairs.


President Jiang Welcomes Vietnamese Counterpart
----------------------------------------------------------------------------

Thirdly, he said, greater prominence should be given to the two countries'
cooperation in the economic and trade and other fields.

Fourthly, Jiang said, China and Vietnam have successfully resolved problems
related to land boundary, demarcation in the Beibu Bay and its related
fishing issue, laying the foundation that will enable the two countries to
share a border of peace, friendship and long-term stability in the new
century.

However, Jiang said, in order to maintain true stability in the border
areas, both sides should honor their political commitments and earnestly
carry out agreements that have been reached and appropriately solve
potential problems of various kinds in order to safeguard the two
countries' relations.


Five Documents Signed
President Jiang Zemin and President Luong witnessed the signing ceremony of
five cooperative documents after they held talks at the Great Hall of the
People.

The two countries officially signed a joint statement for all-round
cooperation in the new century; an agreement on the delimitation of the
Beibu Bay territorial sea, the exclusive economic zone and continental
shelves; as well as two inter-government agreements on the peaceful use of
nuclear energy and on fishing cooperation in the Beibu Bay.


Jiang on Sino-Vietnamese Relations
President said that China is optimistic about its relations with Viet Nam.

Looking into the future, "we are full of confidence" in the constant
development of the relations between the two parties and two countries,
said Jiang during talks with visiting Vietnamese President Tran Luc Luong.

Jiang, who is also general secretary of the Communist Party of China
Central Committee, said the political foundation of the Sino-Vietnamese
relations has become stronger, and the relationship is distinctly
characterized by mutual respect and support.

He said the joint statement the two countries will sign is an important
document to specify the direction for the further development of friendly
cooperation between China and Viet Nam in various fields.

Jiang said that China has been working to develop its relations with other
members of the Association of Southeast Asian Nations and support the
organization's unique role in promoting regional peace and development.

According to Jiang, the two countries have made frequent exchanges at all
levels and enhanced political understanding and trust since he met with
General Secretary of the Central Committee of the Communist Party of
Vietnam Le Kha Phieu in February last year.

Economic and trade cooperation has also been expanded. Trade between China
and Viet Nam has hit the set target of two billion US dollars.

President Luong said that Viet Nam has been consistently following the
one-China policy. He said Viet Nam acknowledges that the government of the
People's Republic of China is the sole legitimate government representing
all parts of China and Taiwan is an inalienable part of Chinese territory.

Jiang appreciated Viet Nam's stand on the Taiwan issue, saying that China
will always support Viet Nam's efforts to safeguard its independence and
sovereignty and maintain its national characteristics.

****

                       Tuesday, December 26, 2000, updated at 21:07(GMT+8)


                       Sino-Vietnamese Agreement on Beibu Bay Demarcation
                       Hailed

                       The Sino-Vietnamese agreement on the demarcation of
                       the Beibu Bay territorial sea is of particular
                       significance to Sino-Vietnamese ties, said Chinese
                       Foreign Ministry spokeswoman Zhang Qiyue Tuesday
                       afternoon.

                       The on-going visit to China by Vietnamese President
                       Tran Duc Luong, which began Monday when the pact was
                       signed, has been successful so far, she noted.

                       The Vietnamese president has held fruitful
                       discussions with Chinese leaders and the two
                       countries have signed some important documents,
                       including the agreement on the delimitation of the
                       Beibu Bay territorial sea, Zhang said.

                       The signing of the agreement shows that the two
                       countries proceed from a strategic height for
                       promoting the good- neighborliness and all-round
                       cooperation between them, she added.

****

                       Tuesday, December 26, 2000, updated at 13:14(GMT+8)


                       Yearender: US Adjusts Asia Pacific Policy for New
                       Century

                       During the threshold year toward the new century, the
                       United States has adopted an aggressive approach of
                       building a new geopolitical landscape in the Asia
                       Pacific region to serve its strategic needs and help
                       ensure its dominant role in global affairs.

                       Improving Ties With Former Foes

                       Based on continued efforts over the past couple of
                       years, Washington has made major breakthroughs in
                       2000 in improving bilateral relations with many Asian
                       countries, especially with its Cold War foes in the
                       region.

                       On the Korean peninsula, while supporting South
                       Korean President Kim Dae-Jung's "Sunshine" policy
                       toward Pyongyang, Washington has moved to relax
                       economic sanctions against the Democratic People's
                       Republic of Korea (DPRK) step by step and provide
                       humanitarian assistance to the country.

                       In a context of eased tension on the peninsula, Cho
                       Myong Rok, first vice-chairman of DPRK National
                       Defense Commission, paid a historic visit to
                       Washington in the capacity of special envoy of DPRK
                       leader Kim Jong-Il last October.

                       In a joint communique signed during Cho's stay in
                       Washington, the United States and DPRK agreed to
                       undertake "a new direction" in their relations and
                       committed themselves to making every effort in the
                       future to build a new relationship free from past
                       enmity.

                       US Secretary of State Madeleine Albright, in return,
                       paid a visit to Pyongyang about two weeks later.
                       Moreover, US President Bill Clinton has expressed on
                       several occasions his willingness to visit Pyongyang.

                       In Southeast Asia, Washington has taken a progressive
                       step to normalize relations with Vietnam, with which
                       the United States fought a decade-long war during the
                       1960s and early 1970s.

                       Since the United States lifted 30-year-long economic
                       sanctions against the Cold War rival in 1994, the
                       United States and Vietnam have made joint efforts to
                       accelerate the normalization process highlighted by
                       last July's landmark trade deal which paves the way
                       for Vietnam to accede to the World Trade
                       Organization.

                       Four months later, Clinton became the first US
                       president to have his footprints in Hanoi since the
                       end of the Vietnam War in the early 1970s.

                       Being aware of India's growing economic clout and
                       strategic importance, Washington has adjusted its
                       South Asia policy and begun to tilt toward New Delhi
                       since early 1997, abandoning its long-held "balanced"
                       approach to treat India and Pakistan as regional peer
                       powers.

                       "Preventive Diplomacy" Backed by Military Build-up

                       The United States has resorted to an active and
                       bi-directional approach to safeguard what it views as
                       its security interests in the Asia Pacific region
                       through so-called "preventive diplomacy."

                       On one hand, it committed itself to expanding
                       military exchanges and security dialogue at different
                       levels with countries such as China, Vietnam,
                       Australia, the Philippines, Singapore, Indonesia,
                       Thailand, South Korea and Japan.

                       On the other hand, the US reached out to consolidate
                       its defensive alliances and quietly stepped up its
                       military buildup in the region.

                       In 2000 alone, it conducted over 50 joint military
                       exercises in the region with its allies of the
                       Philippines, Thailand, South Korea, Japan and
                       Australia, unprecedented since the end of the Cold
                       War in terms of frequency and scale.

                       Meanwhile, it also started to deploy air-borne
                       conventional cruise missiles and build front-line
                       backup bases for strategic bombers such as B-2 at
                       Guam in the Pacific Ocean and Diego Garcia in the
                       Indian Ocean, giving itself a capability of striking
                       anywhere in the region within 12 hours.

                       Despite of strong opposition from many Asian and
                       Pacific nations, it continued cooperation with Japan
                       in developing the controversial Theater Missile
                       Defense (TMD) system for future deployment in the
                       region.

                       However, the United States also faces great
                       challenges to maintain its military presence and
                       justify its aggressive military deployment in the
                       region.

                       As the tension on the Korean peninsula eases, more
                       and more people in South Korea and Japan believe that
                       the United States should reduce its armed forces
                       stationed in the two countries.

                       The rape of a 14-year-old Japanese schoolgirl by an
                       American soldier on Okinawa last July sparked
                       widespread protests against the US military presence
                       there.

                       Aiming at Economic Gains

                       The United States has spared no efforts to tap the
                       potential of the huge markets in the Asia Pacific
                       region so as to benefit from the robust regional
                       economy.

                       It not only promotes multilateral trade at the Asia
                       Pacific Economic Cooperation Forum, but also seeks to
                       strengthen bilateral trade relations with some
                       emerging markets in the region.

                       After years of negotiations, the United States
                       clinched bilateral trade agreement with China in
                       November 1999, and with Vietnam last July. And
                       negotiations with Singapore on a similar trade deal
                       are expected to conclude in early 2001.

                       With an eye on India's huge market and its booming IT
                       industry, Washington has also strengthened its
                       economic ties with New Delhi.

                       During Clinton's historic trip to the South Asian
                       country in March, the two sides signed 4 billion U.S.
                       dollars worth trade and investment agreements.

                       Basically speaking, economic and security interests
                       are two primary factors which have shaped the U.S.
                       Asia Pacific policy in the past several years.

                       Regarding economic strength as essential to its
                       superpower status, the United States could not resist
                       the huge and lucrative markets in the region,
                       especially those emerging markets of China,India and
                       Vietnam.

                       Statistics released by the US Department of Commerce
                       shows that the past decade have witnessed a steady
                       growth of US exports to Asian Pacific countries as
                       well as US direct investments in the region.

                       Significantly, America's two-way trade with other
                       Asian Pacific nations have surpassed that with the
                       European Union by a remarkable margin in the past few
                       years.




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