CBS Evening News for Monday, Nov 22, 1976
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(Studio) Senate majority leader Mike Mansfield suggested yesterday United States sever ties with Taiwan and establish normal relations with Peking. 6 Senators just back from China disagree.
REPORTER: Walter Cronkite
(Taipei, Taiwan) Taiwan economy situation reviewed. Mainland has very large army but poorly equipped; Taiwan military small but very advanced. Many experts feel Communist attack on Taiwan unlikely; reasons given. Peking probably would hit Taiwan's economy instead. For. businessmen nervous over prospect of normalization of relations with Peking. Questions bothering businessmen with regard to Peking, United States relations and Taiwan's position involve Taiwan's military and banks. President-elect Jimmy Carter must deal with Taiwan's security in future United States negotiations with Peking.
REPORTER: Marvin Kalb
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