all of 1991, most non-Chinese firms had overcome the fears induced by the suppression of the uprising, and were once again desirous of doing business with China (De Voe 51-52).
Concerns of the American government continued, however, to impede the development of U.S.-Chinese trade. Generally, the Administration (first Bush and then Clinton) favored extension of most favored nation status for the PRC, while strong opposition to that designation for the PRC existed in the Congress. Through mid-1993, the Administration position has generally prevailed, although to reach accommodation with the Congress, some governmental restrictions on U.S.-China trade continue.
In contemporary China, pragmatism has taken precedence over ideology (Gottschang 206-276). Where Mao Ze Dung was quoted as saying that it is better to be Red than to be expert, his eventual successor, Deng Xiaoping', was quoted to the effect that it makes no difference whether a cat is white or black, as long as it catches
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