CHINA WTO

BY KEITH NUTHALL
CHINA is to reserve the right to maintain its state tobacco monopoly under the agreements that it has struck to secure World Trade Organisation membership, which has been approved after 15 years of often intense negotiations.

Tobacco is one of only a limited number of sectors, where China has insisted on maintaining exclusive state trading controls, other industries include cereals, fuels and minerals.

Benefits for international tobacco companies in the commitments that Beijing has made include the implementation of the TRIPS ...


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