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 Visit to Shenzhen, Clinton Make $250,000 China Times May 25, 2002 Beijing -- Former US President Bill Clinton yesterday made his firswt visit to mainland China since leaving office. The visit was at the invitation of a Mainland Chinese real estate firm which asked him to make a speech in Shenzhen, the topic was "The World Trade Organization and China's Real Estate Economy." After completing his half-hour speech, the real estate firm which invited him paid him an honorarium of US$250,000. The symposium was hosted by noted Chinese master of ceremonies Yang Lan, and there were over 300 people in the audience, made up of CHinese, Hong Kong and American political and business celebrities, including Shenzhen Mayor Yu Huanjun, and the American Consul general in Guangzhou. Today's Guangzhou Daily News revealed that Clinton's speech, which was scheduled to begin at 9:30 am, was pushed back over an hour when his flight was delayed. The 30-minute talk on "WTO and China's Real Estate Economy" was marked by not a few digressions and ad-libbed comments, leaving the impression that he did not have sufficient knowledge of the subject, that his focus was scattered, and mid-way through the presentation, several listeners were seen to be taking out their earpieces through which they heard the translation. After the speech, members of the audience asked serious questions about the world economy and the political situation, including questions about the effect of WTO membership on Shenzhen's situation, which the former president had no way of answering. In answering a question on how he thought the middle east crisis could be resolved, he wrung his hands together and answered "I don't know, I really don't know." At this, a sound of suppressed laughter rippled through the audience. END |
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