CHINA'S COMMUNIST LEADERS ARE having a bad dream. In it they see Lee Teng-hui, Taiwan's assertive chief executive, being re-elected next month in the first direct presidential balloting in the history of China. They see Lee, flashing his broad grin, standing in the well of the U.S. House of Representatives, addressing a joint meeting of Congress. And they see him moving on to other world capitals to take a bow as the head of a distinct, democratic and economically powerful state on Chinese soil.
That is the Beijing nightmare, but it may not be a fantasy. Something similar might actually happen....
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