President Clinton signed the US China Relations Act of 2000. Bill Clinton took contributions he knew came from China, and played another angle as well. US companies wanted to sell China military technology, but the sales were prohibited by law. Economic sanctions for the Tiananmen square massacre and restrictions on technology exports prevented these companies from selling China the armaments they wanted.In return for campaign contributions, the President shifted regulation of technology exports from the State Department to the free-wheeling Commerce department. The administration also relaxed export controls and allowed corporations to decide if their technology transfers were legal or not. When easing restrictions wasn't enough, Clinton signed waivers that simply circumvented the law. The President's waivers allowed the export of machine tools, defense electronics, and even a communications system for the Chinese Air Force.Bernard Schwartz and Michael Armstrong, the CEOs of Loral and Hughes, each donated over one million dollars to Clinton's re-election campaign. These companies had an interest in seeing China develop reliable missiles to loft their satellites into orbit. Clinton arranged direct talks between Bernard Schwartz and a Chinese general to improve China's rocket technology. Michael Armstrong was made head of the Export Advisory Council. Both companies were allowed to upgrade the launching and guidance of China's missiles.Clinton even involved the Department ...
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