CHINA is to open up its vast domestic market to foreign booksellers as part of the agreement reached by the country last week (19/9/01) on the terms of its accession to the World Trade Organisation. In general the deal will allow foreign firms the right to advertise, distribute and retail their products within three years after the date of accession. There had been fears that the Chinese would try to limit the size of book and magazine retail chains owned by foreigners for political reasons. This has not materialised though there will be a ...

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