Presidential Determination
Determination Under Section 2(b)(2)(D) of the Export-Import Bank Act of 1945, as Amended: People's Republic of China
President Clinton determined it is in the national interest for the Export-Import Bank to extend approximately $237.25 million in financing to China for purchasing U.S. equipment and services to expand a power plant in Dalian, Liaoning Province. The determination was directed to be reported to Congress and published in the Federal Register.