THOSE WHO VIEW George W. Bush as a perpetually tongue-tied bumbler might take note of his landmark speech last week in Kyoto, where he eloquently outlined a vision for economic liberalization and democratization throughout East Asia--and which, at its most provocative moment, embraced Taiwan as a model for mainland China.

Bush mentioned the word "freedom" no fewer than 56 times. He used some variation of the word "democracy" no less than 21 times. And though he is occasionally given to grandiose language--about, say, "ending tyranny in our world"--Bush tempered his rhetoric with a heavy dose of realism.

Indeed, the president's speech zigzagged its way through the conventional realist/idealist split. On the one hand, Bush zinged Chinese leaders for their denial of basic rights such as religious freedom. On the other, he stressed that open trade with Beijing was the surest way to promote civil society and foster a stable Chinese middle class that would someday agitate for democratic reform. "Economic liberty and political liberty go hand in hand," Bush said, a comment wholly in tune with Western tradition and supported by recent East Asian history.

The president tied U.S. trade to China's (gradual) loosening at home and maturation abroad. "Access to American markets has played an important role in China's economic development," he said, "and China needs to provide a level playing field for American businesses seeking access to China's market. The United States supported China's entry into the World Trade Organization because a China that abides by the same global rules as everyone

In other words, enmeshing China in trading pacts such as the WTO will slowly boost Chinese living standards and concurrently make China a more responsible actor on the world stage. "The freer China is at home, the greater the welcome it will receive abroad," Bush promised. Is there a realistic alternative to engaging China? Perhaps, he suggested. But China's isolation during the 1960s and early 1970s produced the mayhem of the Cultural Revolution. And doing business with an isolated China would be much thornier than doing business with a WTO-minted China. "We look forward to resolving our trade differences in a spirit of mutual respect and adherence to global rules and standards," Bush said.

Bush may be a China-trade enthusiast, but he is not a wild-eyed "Panda-hugger." He refused to kowtow to Communist party sensibilities on Taiwan. He affirmed Washington's longstanding "One China" policy--which calls for a peaceful resolution of the island's territorial status and rejects unilateral moves by either side--but only after trumpeting Taiwan's journey from "repression to democracy" and observing that China had "not yet completed the journey." Indeed, Bush held up Taiwan's evolution as a template for China. "The people of Taiwan for years lived under a restrictive political state that gradually opened up its economy," he noted. "Economic liberalization in Taiwan helped fuel its desire for individual political freedom--because men and women who are allowed to control their own wealth will eventually insist on controlling their own lives and their own future."