Carterizing Taiwan

October 1977
National Review;10/28/1977, Vol. 29 Issue 42, p1217
The article focuses on the First National Bank of Chicago's decision to curtail business with Taiwan in hopes of winning China's favor. A bank official said that the bank has made a strategic decision to promote the business relationship between China and the U.S. It clearly intends to do so at the expense of business in Taiwan. The move marks the first time that a major U.S. multinational bank has backed off publicly from its support of Taiwan. The bank has denied on the possible adoption of any such decision.


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