One of Bill Clinton’s China scandals may finally be coming to closure. In 1998, the New York Times’ Jeff Gerth broke a story about the Clinton administration’s willingness to permit two U.S. aerospace corporations to transfer sensitive missile technology to the Chinese. The CEO of one of the corporations, Loral, had pumped hundreds of thousands of dollars of campaign contributions into the Democratic National Committee. In return, the Clinton administration waived controls on Loral’s export of these technologies to the Chinese aerospace industry. Hughes Space and Communications committed similar offenses, but it was shielded from investigation by CIA Director George...