• Mon
  • Dec 22, 2014
  • Updated: 8:57am

Most Favoured Nation

China awaits returns for playing true hand

It has been a long time since the mainland's relations with the world were this cuddly. Heralded for not devaluing the yuan at the height of Asia's financial crisis, Beijing has been scooping the plaudits. The question is, what payback can it expect?

Tuesday, 14 April, 1998, 12:00am

HK to lose trade aid

Hong Kong is to be phased out as a beneficiary economy of the European Union's Generalised System of Preferences tariff scheme with effect from May 1, the Trade Department said yesterday.

A spokesman said the decision to exclude Hong Kong was 'regrettable' as trade had benefited from the tariff preferences under the system.

3 Jan 1998 - 12:00am

MFN wait looms for Vietnam

Anyone waiting for most favoured nation (MFN) trading status to suddenly bloom from Vietnam's intriguing new relationship with the United States may be waiting a long time.

Despite any optimism and goodwill generated by the arrival in Hanoi today of Secretary of State Madeleine Albright, MFN is far in the distance, officials on both sides say.

26 Jun 1997 - 12:00am

MFN

China yesterday said the United States should not link trade with other issues and stressed that renewal of MFN for the world's biggest market would help both countries.

'It is in the interests of not only China but also of the United States,' Chinese Foreign Ministry spokesman, Cui Tiankai, said.

20 Jun 1997 - 12:00am

Yue warns of obstacles to China MFN renewal

The Government has warned of new sanctions against China emerging during the United States congressional debate on the renewal of most favoured nation (MFN) trade status.

Secretary for Trade and Industry Denise Yue Chung-yee said a volatile Congress could still push for some form of legislation, non-binding resolution or other measures targeting China.

28 May 1997 - 12:00am

US delivers double bonus for territory's exporters

Hong Kong exporters yesterday received a double boost after the United States unconditionally renewed China's most favoured nation (MFN) status and rescinded proposed bonds on textiles.

The Government and traders welcomed the MFN decision as helping to maintain confidence in the territory during the transition.

21 May 1997 - 12:00am

US expected to extend China's MFN trade status for another year

China looks almost certain to retain its regular trading privileges with the United States, with support for a limited extension dying out and congressional opposition not strong enough to defy the White House.

16 May 1997 - 12:00am

Yue still optimistic on MFN renewal

Trade and Industry Secretary Denise Yue Chung-yee believes the renewal of China's most favoured nation (MFN) trade status will have to overcome three problems that threaten to undermine trade relations between China and the United States.

15 May 1997 - 12:00am

Senate threat to MFN status

A senior US senator said last night he planned to introduce a bill that would link China's Most Favoured Nation status to its handling of the handover.

Senator Connie Mack's proposed legislation would extend MFN for only three months, until September, so that Congress could monitor the territory's progress before deciding whether to extend it.

30 Apr 1997 - 12:00am

MFN status debate may cause volatility

If this year's Most Favoured Nation (MFN) debate over China turns nasty - and early signs suggest the process will not be the formality of previous years - the market could be in for a bumpy ride.

25 Apr 1997 - 12:00am

MFN debate to highlight deficit worry

Concern in the United States about its widening trade deficit with China will come to a head during the congressional debate on the renewal of Most Favoured Nation (MFN) trade status, the special assistant to President Bill Clinton says.

17 Apr 1997 - 12:00am

A dangerous weapon

Irreconcilable differences exist on many policy issues affecting Hong Kong, but there is one subject on which all agree. If China is not granted Most Favoured Nation (MFN) status by the United States when the matter is debated this summer, the economic recoil will badly damage the territory.

16 Apr 1997 - 12:00am

Industry confident of MFN renewal

Federation of Hong Kong Industries (FHKI) chairman Henry Tang Ying-yen says he is optimistic the United States will renew China's most favoured nation (MFN) trade status.

'I don't worry too much that the US Government will cancel China's MFN this year,' Mr Tang said.

22 Mar 1997 - 12:00am

Role of rights

One of the first international tests for the Chinese leadership after the death of Deng Xiaoping may be provided by progress on an agreement which United States Secretary of State Madeleine Albright is hoping to push ahead during her visit to Beijing.

25 Feb 1997 - 12:00am

Gore meeting to top Anson Chan agenda

A meeting with Vice-President Al Gore is likely to top the agenda of Chief Secretary Anson Chan Fang On-sang when she visits the US capital on a trade lobby mission.

Secretary of State Warren Christopher, his assistant Winston Lord and Treasury Secretary Robert Rubin are also pencilled in to hold talks with Mrs Chan during her two-day stay, which begins tomorrow.

12 Jun 1996 - 12:00am

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