http://alamo-girl.com/0051.htmSoftwar.com 5/25/99 "...According to the report, Poly Tech took advantage of Clinton's 1994 executive order banning assault weapons, including a ban on gun imports from the Chinese Army. "Loopholes allowed importers to bend the rules," states the report. "Specifically, Congress exempted weapons in transit post hoc. The U.S. Treasury initially estimated this exemption would cover 12,000 weapons, but importers actually brought in 440,000." In 1994, President Clinton and the Democrat controlled Congress gave the PLA their greatest gun sales spree in America with a "loophole." Poly Tech officials crammed Chinese flag carrier (COSCO) ships bound for America with every weapon they could scrape from their massive inventory, selling them at inflated prices brought by Clinton's ban. In a single stroke of Clinton's pen, the PLA made over $100 million in wind-fall profits...."
Softwar.com 5/25/99 "...Poly Tech was founded in 1985 as a subsidiary of China's powerful central bank, CITIC (China International Trust and Investment Corporation). In 1996, the Chinese HQ of Poly Technologies was run by Wang Jun and his "princeling" friend, the powerful He Ping, son-in-law of Deng Xiaoping. Wang was not only Poly Tech CEO but also a Director of CITIC. Thus, the PLA "commercial" arms outlet Poly Tech also provided CITIC credit to customers. The curious mix of communism, capitalism and corruption ended in August, 1996, when Poly Tech's U.S. operations were closed by a U.S. Customs sting operation. Allegedly, Poly Tech's man in America, Robert Ma, conspired with China North Industries (NORINCO) representative, Richard Chen, to import 2,000 fully automatic AK-47s into the United States to Customs Agents posing as Miami drug smugglers...."