CHINA WTO

BY KEITH NUTHALL
INTERNATIONAL cosmetics companies will find it easier to export to China in the future, following the approval of its membership of the World Trade Organisation, a decision that was achieved by China making a wide range of concessions that will liberalise its commercial laws.

This involves the scrapping of all China's restrictive import quotas for goods by the year 2005 and also a steep reduction in tariffs. Notably, said an European Union briefing paper, this includes key cosmetics products, (10 per cent from 30 per cent), and ...


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