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March 02, 1979 - Image 5

Resource type:
The Michigan Daily, 1979-03-02

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The Michigan Daily-Friday, March 2, 1979-Page 5


Trade agreement signed

From AP and Reuter
China and the United States have
reached agreement on one of the major
problems hindering expanded trade -
the question of Chinese assets frozen in
the United States and American claims
on China, according to Treasury
Secretary W. Michael Blumenthal.
The Chinese will pay Americans 41
cents on the dollar to settle $197 million
in claims outstanding since the Chinese
Communists expropriated American
property in their 1949 takeover,
Blumenthal announced this morning.
THE PAYMENT of the claims will
total $80.5 million, and the U.S. will un-
freeze $80 million in Chinese assets,
Blumenthal signed the agreement with
Chinese officials at the Peking civil air-
port just before departing for Shanghai.
Blumenthal said the last-minute
agreement makes his trip here a suc-
cess. Settlement of the claims question
has been considered a prerequisite to
full-scale trade between China and the
United States.
The Chinese will pay $30 million to
U.S. claimants on Oct. 1 of this year,
with the remainder to be paid by Oct. 1,
"WE CONSIDER this to be a very
good and fair arrangement," said
Blumenthal, who received approval for
the agreement from President Carter
during the night.
Yesterday, the two countries
established full diplomatic relations for
the first time in almost thirty years.
In Vietnam, Chinese and Vietnamese
troops fought bloody but indecisive bat-
tles around the strategic provincial
capital of Lang Son, intelligence sour-
ces in Bangkok reported yesterday. In
Peking, the Chinese proposed peace
talks to end the two-week-old war.
The Chinese proposal, in an official
note to the Vietnamese Embassy in
Peking, did not mention China's earlier
demands that Hanoi pull its forces our

of Cambodia in exchange for a Chinese
withdrawal from northern Vietnam.
No immediate Vietnamese response
to the peace overture was reported. In
its latest battle communique, Hanoi
said its troops had killed or wounded
27,000 Chinese troops since the invasion
force drove into Vietnam Feb. 17. It
also claimed to have knocked out 200
Chinese tanks.
THESE CLAIMS could not be in-
dependently verified. Intelligence
analysts say they believe Chinese
casualty, figures given by Vietnam are
The Soviet Union rejected the initial
Chinese proposal for a mutual with-
drawal of Vietnamese troops from
Cambodia and Chinese troops from
THe Vietnamese invaded Cambodia
in December, ousted the regime of
China's ally Pol Pot, and installed a
new government in January. The
Chinese, alleging Vietnam had
provoked bloody border clashes on the
Chinese frontier, invaded Vietnam in
said yesterday. . . "The changes
which have taken place in Cambodia
are irreversible." He also said the
Chinese were hypocritical for linking
their attack on Vietnam with events in
Kosygin reiterated that Russia will
not renege on its commitment to Viet-
nam, but his speech did not take the
Soviet position on the Vietnam conflict
beyond an 11-day-old Kremlin
statement that warned China to with-
draw "before it istoo late." The extent
of Moscow's treaty commitment was
unclear because the treaty merely calls
for consultation if either country is at-
Earlier yesterday, Blumenthal
hoisted the American flag above the
U.S. Liaison Mission in Peking, of=

ficially transforming it into the U.S.
Blumenthal, who arrived in Peking
last Saturday, leaves early today on a
sentimental journey, to the great
Chinese port city of Shanghai, where he
lived as a teen-ager during World War
II after his parents fled persecution by
the Nazis in their native Germany.
IN WASHINGTON, ceremonies
marked the establishment of the Chines
embassy. Setting aside for the time his
concerns about China's 12-day-old in-
vasion of Vietnam, Carter received
diplomatic credentials from Chinese
Ambassador Chai Tse-min and
declared, "I consider this to be a
momentous day in the historical
evolution of our nation. We consider
this to be a great opportunity for the
Chai pledged efforts to "further
promote the friendship between the two
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PARTICIPANTS IN YESTERDAY'S peace march stand on the corner of N. University and State while en route to the
Federal Building to tell the government they disapprove of the Chinese invasion of Vietnam. Leading the group is Tim
Freeman, organizer of the Ad Hoc Committee for Peace in Vietnam.
March protests Chi nese invasion
il__ 7'.T ii il T t---- t

Members from the newly-formed Ad
Hoc Committee for Peace in Vietnam
and other protesters marched from the
Diag to the Federal Building yesterday
to protest China's recent invasion of
The group of over 30 began circling
the Diag shortly after noon, carrying
signs that said, "Implement the Paris
Peace Agreement," "End U.S. Com-
plicity with Chinese Aggression" and
"Solidarity with Vietnam." The par-
ticipants also screamed out such chants
as "Jimmy Carter, Teng Hsiao-Ping,
get your hands off Vietnam" and
"Vietnam must live in peace - China
out now!"'
THE COMMITTEE, which is com-
posed of students, faculty members,
and members of the Ann Arbor com-
munity, formed last week after the
Chinese invasion of Vietnam. The
group's second meeting on Tuesday
drew a crowd of 50, who decided to take
action in the form of a protest march.
"The march was organized as a
response to the Chinese invasion of
Vietnam and a feeling that the United
States might have been involved in the
invasion," said protest organizer Tim
Feeman. "This is suspected because
the invasion occurred only a few weeks
after Teng Hsiao-Ping came here and
met with top government officials and
A:nother organizer, John Sokolow,
said the main goals of the demon-
stration were "to express the view that
we don't stand with the invasion. We're
critical of the role the government is
playing. Its complicity is not in the in-
terests of the United States. -
"WE WANT to. educate people, let
them know what is going on. This is
serious, people should be informed.
This is volatile, and could lead to a

much larger role. We want to let gover-
nment know that people in the city and
country are concerned. This is a direct
threat to peace," Sokolow stated.
"American students are trying to
help Vietnam against the Chinese, They
asked for withdrawal of troops. As a
Vietnamese, I would like to show con-
cern about my country," said Yen Le, a
Vietnamese student participating in the
march. She continued, "I don't think
it's a good action of a big country
toward Vietnam. It's an internal fight
among communists. I don't think the
word 'punishment' is right - you can-
not impose force on a small country."
One protester agreed with the view
that U.S. involvement in the invasion
was probable, and said it was because
"the Chinese regime has been going out
of the way to establish ties, and the fact
that Teng HsiaoPing was in theUnited

States the week before the invasion.
China wouldn't have done anything that
would endanger U.S. relations. I think
the U.S. is closely tied to the event."
disagreed on the amount of U.S. in-
terest. "I wouldn't go to the extreme of
saying that the U.S. is in collaboration
with China. They do have a major in-
fluence, and could've preverted this,"
DeSchaine said.
Upon arrival at the Federal Building,
Feeman addressed the group and said,
"Vietnam must live in peace. We won't
go away until the government carries
through with it."
Another member of the group related
the march to other campus events and
said, "It's appropriate to note that Ford
is on campus today, a consistent sup-
porter of U.S. involvement in the war in


City's heritage preserved

(Continued from Page 1)
such example of what Pieper describes
as "pure preservation" is the
renovation that is currently taking
place at Cobblestone Farm on Packard
only replaced what had to be replaced.
They only put in new material where
old material was useless. This is pure
preservation at its very best, done with
great care, careful research, and a
tremendous amount of volunteer ef-
fort," Pieper said.
Co bblestone Farm is just one of the
projects currently being undertaken by
the commission. The commission's
present major effort is to designate the
500-600 block of East Ann Street as thef
"Ann Street Historic Block" which
would be added to the Division Street

Historic District.
An Ann Street study committee was
appointed by the Historic District
Commission in July, 1977, after several
property owners and residents of the
Near Northeast Neighborhood
petitioned the commission to explore
the feasibility of designating certain
areas "and structures of the block as
historic landmarks. The final report on
the "Ann Street Historic Block" has
recently been completed and will be
presented to City Council on March 19.
Pieper said the commission is also in
the "beginning, beginning stages" of
creating some type of historic district
in the downtown area. However, no con-
tacts have been made with downtown
property owners and a study committee
has not yet been appointed.







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