2000/05/24 Clinton on China trade - House passage of PNTR
THE PRESIDENT: Good afternoon. Today, the House of Representatives has taken an historic step toward continued prosperity in America, reform in China, and peace in the world. If the Senate votes, as the House has just done, to extend permanent normal trade relations with China, it will open new doors of trade for America and new hope for change in China. Seven years ago, when I became President, I charted a new course for a new economy -- a course of fiscal discipline, investment in our people and open trade. I have always believed that by opening markets abroad, we open opportunities at home. We've worked hard to advance that goal of more open and more fair trade since 1993 -- all the way up to the landmark legislation I signed just a few days ago to expand trade with Africa and the Caribbean Basin. Just this week, Speaker Hastert and I reached an agreement that many members of the House in both parties have already supported, to bring the same kinds of investment opportunity and jobs
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