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'BUSINESS AS USUAL' FOR U.S. SPY PLANE STANDOFF NOT AFFECTING FIRMS.


Byline: Evan Pondel Staff Writer

The collision of a U.S. spy plane and a Chinese jet fighter Jet fighter may refer to:
  • Jet Fighter (arcade game), a 1975 arcade game by Atari
  • Jet fighter, a class of fighter aircraft
See also
  • Jet (disambiguation)
 has given way to a political tug of war tug of war
n. pl. tugs of war
1. Games A contest of strength in which two teams tug on opposite ends of a rope, each trying to pull the other across a dividing line.

2.
 in which neither side is willing to admit fault. But mounting disdain doesn't appear to be thwarting business relationships between the United States and China in the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
.

Ahmed Mushtaq, owner of Glendale-based Ahmpaq, an exporter of food additives and beverages, said the incident in China has had no impact on the business he has cultivated with Asian companies.

``I was just in China before the situation and everything was perfectly harmonious and I don't think what has happened will spill over into our business relationships,'' Mushtaq said.

As China's economy is vital to trade revenues for American companies, politics and business remain virtually autonomous. And while China welcomes U.S. expressions of regret, general apathy about the situation prevails within the business community.

``Everyone realizes this is just a political game and I don't think businessmen gave a lot of attention to it,'' said Shi Zhang, an assistant professor of marketing at UCLA's Anderson School of Management Anderson School of Management may refer to:
  • UCLA Anderson School of Management, University of California, Los Angeles (named after John Edward Anderson)
  • Anderson School of Management (University of New Mexico) (named after Robert O. Anderson)
  • A.
.

Though businesses seem resilient against the political epithets targeting the United States in Chinese newspapers, Zhang said it is too early to perceive an economic impact.

Despite possible repercussions repercussions nplrépercussions fpl

repercussions nplAuswirkungen pl 
, the opening of trade with China has been much too lucrative for businesses to even flinch at the current situation.

``The business communities are mutually dependent,'' Mushtaq said. ``The Chinese are conditioned not to mix business and politics.''

Glendale-based Dasibi Environmental inked a joint venture last fall with Shenyang Dongyu to build air quality measurement equipment in China.

Dasibi Project Engineer Eric Lai said he hasn't experienced any difficulty doing business with China, after signing another contract Wednesday.

While politicians could attempt to sway public opinion through businesses, Lai said businesses ``don't want any regulations or diplomatic decisions.''

In 1980, China formally banned American citrus products amid concerns that the Mediterranean fruit fly Mediterranean fruit fly: see fruit fly.
Mediterranean fruit fly
 or Med fly

Fruit fly (Ceratitis capitata) proven to be particularly destructive to citrus crops, at great economic cost.
 would spread. Last spring, China lifted the ban and Sunkist oranges have been shipped to Asia for about a year.

Claire Peters, spokeswoman for Sherman Oaks-based Sunkist Growers, said the recent incident has had no impact on the shipment of oranges.

Just as China depends on U.S. goods, $29.9 billion worth of cargo was shipped from China to the Port of Los Angeles The Port of Los Angeles is located on San Pedro Bay in the San Pedro neighborhood of Los Angeles, approximately 20 miles (30 km) south of downtown. Also called Los Angeles Harbor and WORLDPORT LA  in 2000, according to the U.S. Maritime Administration.

``Right now, it's really business as usual,'' said Julia Nagano, director of public affairs for the Port of Los Angeles. ``Goods are going in and out on schedule.''

As U.S. and Chinese officials attempt to reach an agreement in the coming days, professor James Tong, director of East Asian Studies East Asian Studies is a distinct multidisciplinary field of scholarly enquiry and education that promotes a broad humanistic understanding of East Asia past and present. East Asian Studies is located within the broader field of Area studies and is also interdisciplinary in  at UCLA, said both sides have toned down their rhetoric and that the incident should soon be resolved.

However, ``If the U.S. Congress revokes the most favored nation Most Favored Nation

A privilege granted by one country to another whereby the products of the privileged country pay the lowest delivered duty paid charged by the granting country.
 status of China, it could be damaging to U.S. and China trade relations,'' he said.

As of Thursday's close, Dasibi's parent company, Pollution Research & Control Corp., rose 0.06 to 0.94 on the Nasdaq.
COPYRIGHT 2001 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Apr 6, 2001
Words:519
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