Stock Watch: Trade Bill Approval Lifts China.com

China.com (Nasdaq: CHINA) was up 4 9/16 at 31 9/16 after the U.S. House of Representatives voted to grant China permanent normal trade relations status, which could mean more business between U.S. and Chinese companies. It also boosts China’s prospects for entry into the World Trade Organization (WTO).

The bill, which passed over the objections of labor organizations and others who said U.S. jobs and human rights in China would suffer, is also expected to pass the Senate and be signed by President Clinton.

China.com offers Internet services in the Asia-Pacific region.

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