On the recordOctober 5, 2000
I have been aware of this story since July. Many of the bonds for this project are held through mutual funds in which Americans have invested their savings. This is not just a question of inequity for the U.S. developer of the project but also for millions of Americans who are the bondholders, and many of whom are my constituents. In response to a letter written on August 7 to the Chinese ambassador, the charge d'affaires indicated that he had met with both the U.S. developer and representatives from the U.S. bondholders, had conveyed the concern back home, and would be--quote--making efforts to facilitate a satisfactory solution to this problem--end quote. It has now been almost two months, and we have seen no resolution of this problem, but rather delay and discrimination.
Source
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