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Part Two WTO Entry 1

Part One　Press through Internet 1

1.A Preface forthe Students 1

Part Four　Free Trade 1

Contents 1

Part Five Free Trade 2

2.Press and Language Learning 6

3.A Student-Centered Classroom 19

4.China,U.S.Sign Landmark WTO Deal 30

5.China Sells WTO Deal to Anxious Public 32

6.WTO Setback to Farm Trade Hopes 34

7.WTO Setback to Farm Trade Hopes 36

8.Seattle Recovers After Traumatic Trade Meeting 38

9.AmCham Eyes Chin WTO Bid,Compliance 39

10.China Tries to Allay Fears Over Encryption Rules 41

11.China Signs WTO Deal with Cuba 43

12.EU Reports China-WTO Talks Progress 43

Notes,Style,Teamwork,and exercises:Reference:Techniques for Reading English Newspapers 44

13.WTO Chief Cheers China's WTO Bid 49

Part Three WTO Entry 49

14.China Outlines Concessions on WTO Entry Bid 50

15.Top Taiwan Negotiator Wants December WTO Talks 52

16.U.S.Congress May Set Up China Commission After WTO 53

17.China,EU Discuss Beijing's Entry to World Trade Body 55

18. EU Bid to Break China Trade Deadlock 56

19.EU Presses China on Human Rights,Trade 57

20.China's Accession to the World Trade Organization 59

21.EU-China Agree Trade Deal 61

22.Administration Buoyed by China Votes 63

23.Remarks by the President on Passage of PNTR with China 65

Notes,Style,Teamwork,and Exercises;Reference:China and the WTO 67

82.Nasdaq Chugs Along Despite Good Employment Stats 82

24.Activists Protest at Bangkok UN Summit Site 83

25.Peaceful Protest at UN Trade Meeting 84

26.Illegal Thai Immigrants Arrested 85

27.Outgoing IMF Chief Hit with Pie 86

28.Annan Urges Debate on Free Trade 87

29.Annan Meets with Thailand Premier 88

30.Thais Hope to Bridge Trade Gap at UNCTAD Summit 89

31.Trade Meeting May Bridge Gaps 91

32.UN Chief Urge"New Deal"for Poorest States 92

33.Nations Ponder Globalization 94

Notes,Style,Teamwork,and Exercises;Reference:Press Briefiny 95

34.WTO's Next Boss Optimistic of New Round 106

35.IMF's Camdessus Calls for G7 Summit Shake Up 107

36.Consumer Group Asks UN Body to Press Trade Reform 109

37.Thai Minister Tells NGOs"don't destroy"WTO 110

38.India Slams"Trojan Horse"Protectionism 111

39.Market Access for Poor Nations Imperative-WTO 113

40.New Trade Round Still Seen Far Off 115

41.UN Undeterred by U.S.Threats 116

42.APEC Leader Seeks Trade Platform 117

43.The Auckland Challenge 118

Notes,Style,Teamwork,and Exercises Reference:Development of Expository Writing 126

Part Six E-Commerce 132

44.Niche Players Lead in Changing Retail Market 132

45.Grocery Wars Heat Up 134

46.BID4VACATIONS.COM Attracts Online Consumers 136

47.SMARTPAGES.COM Teams with HANDSHAKE.COM to Turn Tables on Online Shopping 138

48.Interview-GM Says in Broad Talks with Sony 140

49.Mercata Selected as"Most Promising New Company" 141

50.Global Conference to Review E-Commerce Developments 142

5 1.E-MEDSOFT.COM's Esparto to Power E Business Websites for Dickies UK Ltd.and Combined Independents-Holdings 144

52.Focus-MG LME Web Trading System Goes Live 147

53.PEOPLESUPPORT Connects Toyota Dealers with Car Buyers by Providing Live Interactive Chat Customer Support 148

Notes,Style,Teamwork,and Exercises Reference:Four Maxims 150

Part Seven Online Stocks 154

54.Hard Decisions on"Soft" 154

55.PS Business Parks Inc,Announces Distributions for the First Quarter of 2000 and Stock Repurchase Authorization 155

56.Stock Markets:Liquidity to Big Prizes 156

57.A Nationof Traders 158

58.National Discount Brokers Edes Past DLJ direct and Newcomer Merrill Lynch to Take Top Spot in Barron's Fifth Annual Online Broker Survey 161

59.Schwab's Stock Analyzer(TM)Delivers a Single Destination for Stock Research Online Stock Tool Helps Demystify the Stock Evaluation Process for Investors 162

60.Foreign Exchange Market Taps Web Technology 164

61.The Bull Market Report Issues Investment Opion 166

Notes,Style,Teamwork,and Exercises:Reference:Learning English NewspaperEffectively 167

Part Eight Web-Economy 174

62.Online Toy Site Brings the Best ofBoth Worlds:New-Tech Speed and Old-Time Service;www.ititoys,com Offers Traditional Holiday Shoppers a Pain-Free Entree to the NewE-Economy 174

63.Business Week and Hewlett-Pard Company Present the Fourth Annual Business Week Conference on the Digital Economy 175

64.E*Trade Starts Online Trading Operation in UK 177

65.Digital Commerce Growth Will Be at Expense of Off-line Dollars 178

66.Will the Web Eat Wall Street? 179

67.A Thinkers'Guide to internet Economics 185

68.Planet Web:Nasdaq Falls and the Whole World Hears the Thud 190

69.Firms Riding Net's Coattails 192

Notes,Style,Teamwork,and Exercises Reference:Rhetoric 195

Part Nine Finance 200

70.IMF Raises World Economic Growth Forecast 200

71.World Growth Strong,No Need for ECB Hike-IMF 201

72.APEC Vows Recovery Will Not Derail Reform 202

73.Shoring Up the House 204

74.Deutsche,Dresdner Banks to Merge 207

75.Bank Merger Helps Insurance Giant 209

76.Old Battle;New Strategy 211

Notes,Style,Teamwork,and Exercises Reference:Analysis of an Issue 213

Part Ten Interest Rates 219

77.Why Did Fed Raise Interest Rates 219

78.Fed Holds Line on Rates;Dow Reacts Negatively Panel Warns Further Tightening Possible 221

79.Europe Waits on U.S.Rates 223

80.Fed Raises Rates,Warms of More to Come 225

81.Nasdaq Builds Steam,Shrugs Off Rate Worries 227

83.Stocks Head Low in Copy Trading 229

84.U.S.Rates May need to Go Higher-Greenspan 231

85.Greenspan Q A-Part 5:Margin Debt,hedge Funds 232

86.Greenspan Signals U.S.Rates Need to Rise 235

Notes,Style,Teamwork,and Exercises Reference:Syllogism 238

Part Eleven Old and New Economies 242

87.World Growth Strong,No Need for Hike-IMF 242

88.Be Prepared for Some Down Days 243

89.Greenspan:Don't Spend Surplus Yet 245

90.Greenspan:Inflation Still a Danger 247

91.Untangling the World Economy 249

92.Fed Policy Bid to Slow Growth-Meyer 251

93.The Future of Economics-in the Long Run,Is the Subject Dead? 252

94.Economy:Bright Future Disguises Regional Imbalances 254

95.The Slow Death of Boeing Man 256

96.The Revolutionary Spirit 258

97.Lock and Key 260

98.Logistix Becomes iLogistix 262

99.Robust Mexican Economy to Drive Q1 Company Profits 263

Notes,Style,Teamwork,and Exercises Reference:Analysis of an Argument 265

Part Twelve Hi-Tech,Management 269

100.China Flies Spacecraft Capable of Manned Trip 269

101.China Joins Space Club 270

102.Intriguing Details of Chinese Space Plans 271

103.Irish Teen Hailed as Crypto Genius 273

104.Gates Confident of Microsoft's Survival 274

105.On Home Turf,Microsoft Is Viewed as a Victim 276

106.Neukom Says that Microsoft Will Win in the End 279

107.U.S.Proposes Splitting Microsoft 280

108.Company Bets Appeals Court Will Overturn Jackson Ruling 284

109.Viewlocity's B2B Integration Solutions 286

110.A Match Made in Heaven:RadioShak's SuccessfulDot-Com 288

Notes,Style,Teamwork,and Exercises Reference:US District Court for Columbia:Conclusions of Law and Order 290

Part Thirteen China 299

111.Main Points of Chinese Premier Zhu Rongji's Government Work Report 299

112.The Soul and Driving Force for the Development of the Hi-Tech Park 300

113.Report:China Unicom to Offer CDMA by mid-2000 302

114.SSMC Won GSM Prepaid Business of China Unicom 303

115.China Unicom Recommends Call Out Mobile Phone 304

116.China Celebrates 50th Anniversary 304

117.Communist China Turns 50 in Pomp,Pageantry 306

118.New-Look China Banknotes Depict Mao but Not Deng 309

119.10,000 Enjoy Stadium Spectacle in Final handover Celebration 309

120.Gore,Zhu Announce Environmental Agreements 310

121.Clinton's Remarks on Environment to Guilin People 312

Notes,Style,Teamwork,and Exercises Reference:Non-fiction Narration 315

122.Introduction 320

Part Fourteen 21 Ideas for the 21st Century 320

123.Nanoteck:Molecular Macbines Aren't Fantasy,Just Ask the Pentagon 322

124.Artificial Intelligence:Machines Will Be Smarter Than We Are 324

125.Internet:The Earth Will don an Electronic Skin 326

126.Money:In the New financial Cosmos,It Will Be saferto Take a Dare 329

127.Quantum Computers:Problems Will Be solved with a Roll of the Dice 330

Notes,Style,Teamwork,and Exercises Reference:Exposition 332

Glossary 337

Bibliography 347