Memorandum on China
Presidential Determination No. 94–53
Memorandum for the Secretary of State
Subject: Determination Under Section 2(b)(2)(D) of the Export-Import Bank Act of 1945, as amended: People's Republic of China
Pursuant to section 2(b)(2)(D) of the Export-Import Bank Act of 1945, as amended, I determine that it is in the national interest for the Export-Import Bank of the United States to extend a loan in the amount of approximately $134,009,496 to the People's Republic of China in connection with the purchase of U.S. equipment and services for the expansion of the Ligang power station within Jiangsu Province.
You are authorized and directed to report this determination to the Congress and publish it in the Federal Register.
William J. Clinton
William J. Clinton, Memorandum on China Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/218027