NIKE APPLAUDS CLINTON DECISION TO RENEW CHINA'S MFN STATUS

     Nike, which makes 30 percent of its athletic footwear in
China, "welcomed" President Clinton's announcement Monday that he
is renewing the country's most-favored nation trading status with
the U.S. for another year, according to the Portland OREGONIAN.
Nike spokesperson Donna Gibbs said the company is both
"delighted" and "relieved" that MFN was renewed for China once
again.  She added:  "We'd rather not have to go through this
every year, but we're encouraged by signs the President believes
it's better to engage in trade with China rather than simply
close the door" (Dina Temple-Raston, Portland OREGONIAN, 5/21).