VII. The Contemporary Period, 1945–2000 > G. East Asia, 1945–2000 > 1. China, 1945–2000 > b. The People's Republic of China (PRC) > 1993, April 5
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  The Encyclopedia of World History.  2001.
 
 
1993, April 5
 
China and South Korea signed a series of trade accords.  1
 
May 28
 
U.S. president Bill Clinton renewed most-favored-nation status for China.  2
 
Sept. 14
 
Dissident Wei Jingsheng was released from prison one year early in China's effort to curry favor with the Olympic Organizing Committee. China wanted to host the 2000 Summer Games.  3
 
Sept. 24
 
The Olympic Games for the year 2000 were awarded not to China, but to Sydney, Australia.  4
A panic in the mid-1980s about the reversion of Hong Kong to the People's Republic of China in 1997 switched to considerable calm by the early 1990s, with a brief scare following the crackdown on the demonstrations in Beijing in 1989. Although some discord marked the planning of a new international airport for Hong Kong, by the early 1990s, Hong Kong had become the effective banker for the entire country and a major funnel for investment money from Taiwan into the People's Republic; even the newly rich in China frequently did their banking there.  5
 
 
 
The Encyclopedia of World History, Sixth edition. Peter N. Stearns, general editor. Copyright © 2001 by Houghton Mifflin Company. Maps by Mary Reilly, copyright © 2001 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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