CHINA WTO

BY KEITH NUTHALLCHINA has admitted that it has encountered "unexpected difficulties" in setting up low duty import tariffs for wool and cotton. The EU, Argentina, Malaysia and Brazil have said at the WTO's agriculture committee that while they "understood China's problems," they "were also disappointed," that the January 1 deadline for establishing the quotas was missed. In response to questions from the US and Canada about why China had missed the deadline agreed as part of the agreement allowing to join he WTO, Beijing said the quotas would be set up in early ...


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