United Statesyears demanded compensation from Chinabillion dollars, and the result?
On February 5, 1983, Comrade ** met with visiting US Secretary of State Shultz at the Great Hall of the People.
** Had an in-depth dialogue with Scholz on Sino-US relations. While there were differences over technology transfer, both agreed on the need to improve relations between the two countries.
** Emphasizing China's ability to be self-reliant and enable cutting-edge technologies, such as atomic and hydrogen bombs, shows that the U.S. technological blockade of China has not stopped China's development.
Therefore, China's attitude towards improving Sino-US relations is positive, but it believes that there are some obstacles to overcome.
Not long ago, whether the US judicial organs tried to interfere in China's judiciary and demand compensation from China was the case of the US District Court in absentia in the "Huguang Railway Bond Case".
China's judicial immunity is recognized by international law, and foreign sovereign states have no right to exercise jurisdiction unless they expressly express their consent. In 1982, a U.S. court tried China in absentia, demanding compensation for the principal and interest of the plaintiffs in the Huguang Railway bond case and the seizure of Chinese property in the United States.
**Solemnly accept this** and ask for consultation with the United States**. During the talks, Schultz tried to explain the independence of the US judicial system, but *** expressed dissatisfaction with this.
Finally, ** expressed the hope that through the Secretary of State's visit, Sino-US relations can be improved.
Before leaving China, the pragmatic and moderate Schultz told *** that China and the United States have the same views and interests on some issues, but may have different views on others, so we need to be cautious.
After returning to China, Scholz played a major role in adjusting Sino-US relations. With Reagan's intervention, the state district court in the Huguang Railway Bond case reversed the original judgment and dismissed the plaintiff's lawsuit.
Subsequently, the plaintiff appealed to the U.S. Federal Circuit Court and asked the U.S. Supreme Court to retry the case. In the end, however, the U.S. Federal Circuit Court ruled on July 15, 1986, and the plaintiffs were unsuccessful.
According to the agreement reached before and after the establishment of diplomatic relations between China and the United States in 1979, the two sides have reached a consensus on issues such as assets and deposits frozen by each other, which does not include this money.
At the same time, since the expiration date of this bond has expired, the statute of limitations has expired, and the legal right has disappeared, it should not be sued. On March 9, 1987, the U.S. Supreme Court also ruled that it rejected the U.S. bondholders' request for review and upheld the decision of the U.S. Federal Circuit.
After eight years, the "Huguang Railway Bond Case" finally came to an end. As an ultra-conservative, Reagan previously adopted a "dual-track policy", inheriting the relations with China developed by the previous sessions, and at the same time paying attention to developing substantive relations with Taiwan and increasing the number of relations with Taiwan
At the end of Schultz's visit, Reagan formulated a program called"The new realist policy"of the plan. This policy highlights not only the strategic relationship between China and the United States, but also a long-term, stable, and constructive relationship.
Since then, the relations between the two countries have entered a new and stable stage of development.