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1、PassageOne(ClintonIsRight)PresidentClinton’sdecisiononApr.8tosendChinesePremierZhuRongjipackingwithoutanagreementonChina’sentryintotheWorldTradeOrganizationseemedtobeamassivemiscalculation.ThePresidenttookadrubbingfrommuchofthepress,whichhadbreathles
2、slyreportedthatadealwasinthebag.TheCabinetandWhitHousestillappeareddivided,andbusinessleaderswerecharacterizedasfuriousoverthelostopportunity.ZhuchargedthatClintonlacked“thecourage”toreachanaccord.AndwhenClintonlatertelephonedtheangryZhutopledgearene
3、wedeffortatnegotiations,thegesturewaswidelyportrayedasaflip-flop.Infact,ClintonmadetherightdecisioninholdingoutforabetterWTOdeal.Alotmorehorsetradingisneededbeforeafinalagreementcanbereached.AndwithouttheAdministration’sgoalofa“bullet-proofagreement”
4、thatbusinesslobbyistscanenthusiasticallyselltoaRepublicanCongress,thewholeprocesswillendupinpartisanacrimonythatcouldharmrelationswithChinaforyears.THEHARDPART.Manybusinesslobbyists,whiledisappointedthatthedealwasnotclosed,agreethatbettertermscanstil
5、lbehad.AndTreasurySecretaryRobertE.Rubin,NationalEconomicCouncilDirectorGeneB.Sperling,CommerceSecretaryWilliamM.Daley,andtoptrade87negotiatorCharleneBarshefskyalladvisedClintonthatwhiletheChinesehadmadearemarkablenumberofconcessions,“we’renotthereye
6、t,”accordingtoseniorofficials.NegotiatingwithZhuovertheremainingissuesmaybetheeasypart.AlthoughClintoncansignalU.S.approvalforChina’sentryintotheWTOhimself,heneedsCongresstograntBeijingpermanentmost-favored-nationstatusaspartofabroadtradeaccord.Andth
7、etemptationformeddlingonCapitalHillmayproveover-whelming.ZhuhadbarelylandedbeforeSenateMajorityLeaderTrentLott(R-Miss)declaredhimselfskepticalthatChinadeservedentryintotheWTO.AndSenatorsJesseA.Helms(R-N.C.)andEmestF.Hollings(D-S.C.)promisedtointroduc
8、eabillrequiringcongressionalapprovalofanydeal.Thehiddenmessagefromthesethreetextile-stateSoutherners:GetmoreprotectionfortheU.S.clothingindustry.Hopingtosmooththeway,theAdministrationtried,butfailed,tobudgeZhuontextiles.Alsoleftinthelurch:WallStreet,
