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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) November 20, 1998
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China Pacific, Inc.
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(Exact Name of Registrant as Specified in Charter)
Nevada
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(State or Other Jurisdiction of Incorporation)
0-26232 87-0429945
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(Commission File Number) (IRS Employer Identification No.)
Chengdu Iron & Steel Office Building, Qingbaijiang District,
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Chengdu, Sichuan Provinces, China
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code (86) (28) 330-6590
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 4. RESIGNATION OF REGISTRANT'S CERTIFYING ACCOUNTANTS.
The Board of Directors approved the appointment of Deloitte & Touche
LLP as its independent accountants for 1998. Arthur Andersen & Co., previously
the Company's independent accountants has resigned.
ITEM 7. EXHIBITS.
(c) Exhibits.
16. Letter from Arthur Andersen & Co.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
China Pacific, Inc.
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(Registrant)
Date December 18, 1998 By: /s/ Thomas Tong
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Acting President
Chief Financial Officer
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EXHIBIT 16
[ARTHUR ANDERSEN LETTERHEAD]
November 12, 1998
The Board of Directors
China Pacific, Inc.
Chengdu Iron and Steel Plant Office Bldg.
Qingbaijiang District
Sichuan Province
Postal code 610303
People's Republic of China
Attention: Mr. Thomas Tong
Dear Sirs,
This is to confirm that the client-auditors relationship between China Pacific,
Inc. (Commission File Number: 000-26232) and Arthur Anderson & Co. has ceased.
Very truly yours,
/s/ ARTHUR ANDERSEN & CO
cc: SEC Office of the Chief Accountant
