According to the New York Times, Clinton removed $2 billion in trade with China from national security scrutiny. Among the results: 77 supercomputers – capable of 13 billion calculations per second – that could scramble and unscramble secret data and design nuclear weapons. These were purchased by the Chinese without a peep stateside. At least some of them would be used by the Chinese military.
With the transfer of the Panama Canal, four of Panama’s ports ended up being controlled by a company partially owned by Hutchison-Whampoa Ltd., which in turn was owned by Li Ka-Shing, a billionaire so close to the Chinese power structure that he was offered the governorship of Hong Kong.
Another owner of the Panamanian ports was China Resources Enterprise, called an “agent of espionage” by Senator Fred Thompson. CRE was also a partner of the Lippo Group, owned by the Riady family that played a central if mysterious role in the rise of William Clinton. According to congressional testimony by ex-JCS [Joint Chiefs of Staff] chief Admiral Thomas Moorer, Hutchison-Whampoa won the right to pilot all ships through the Panama Canal, including U.S. naval vessels.
President Clinton signed national security waivers to allow four U.S. commercial satellites to be launched in China, despite evidence that China was exporting nuclear and missile technology to Pakistan and Iran, among other nations. One of these satellites belonged to Loral. Nine days later a Chinese Long March rocket carrying a $200 million satellite belonging to Loral failed in mid-flight.
A subsequent lawsuit charged that the circuit board from the highly classified encryption device in the satellite was found to be missing when the Chinese returned debris from the explosion to U.S. authorities, even though a control box containing the circuit board was recovered intact. After the crash, NSA reportedly changed the encoded algorithms used by U.S. satellites because of the apparent release of highly classified information.
President Clinton approved a waiver allowing the launch of another satellite on board a Chinese rocket, despite a recommendation by the Department of Justice that the waiver would have a significant adverse impact on any prosecution arising from its pending investigation of Loral.
The New York Times reported in 1998 that the Defense Technology Security Administration said Loral’s unauthorized release of sensitive technology to the Chinese gave rise to at least three “major” violations of U.S. national security, three medium violations and 12 “minor” infractions.
Throughout these dealings, the CEO of Loral, Bernard Schwartz, contributed at least $1.5 million to the Democrats, making him the single largest contributor to these groups during the period in question.
Softwar newsletter reported that that some of the radios and cell phones being used by Chinese police in their campaign against dissidents were those sold to the Chinese by Motorola after Clinton overrode human rights objections by the State Department.
