1 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