EXHIBIT 21

    The Company's subsidiaries are:



 
                                 Effective
                                 Percentage
Name of Subsidiary               Ownership       Place of Incorporation
- ------------------               -----------     ----------------------  
                                           
 
CHINA BEARING                    100%            Bermuda
HOLDINGS LIMITED
 
CHINA INTERNATIONAL              100%            Hong Kong
BEARING HOLDINGS LIMITED
 
HARBIN SUNBASE                   99%             People's Republic of China
DEVELOPMENT COMPANY
LIMITED
 
HARBIN XINHENGLI                 99.9%           People's Republic of China
DEVELOPMENT
COMPANY LIMITED
 
HARBIN BEARING                   51.43%          People's Republic of China
COMPANY LIMITED
 
SMITH ACQUISITION COMPANY,       100%            California
INC. dba SOUTHWEST PRODUCTS
COMPANY
 

                                      88