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[Marvin Gandall]

Corrected paragraph in my last:

Point us to a single bilateral trade agreement which absolves China of the
obligation to open its markets to direct and portfolio investment by the
other country's capitalists. As for China's large American, European, and
Japanese markets, you're truly dreaming if you expect that they would
continue to admit Chinese exports on the same terms as at present if the
Chinese did not reciprocally allow their manufacturers and financiers direct
access to the Chinese labour and consumer markets. Incidentally, I'm no fan 
of
the WTO, but it has been favoured by the poorer countries, for all its
defects, as potentially affording more protection than the tyranny of 
bilateral
agreements imposed on them singly by stronger rich countries.