CHINA WTO – MORE
September 1st, 2001
Keith NuthallFURTHER details have emerged about the concessions in the textile trade that have been agreed by China to secure accession to the World Trade Organisation. According to an EU briefing paper, the right for foreign private firms to import silk directly from China has been confirmed. In the past, this has been subject to a state run export monopoly. Said the paper: "This means that EU firms will have improved access to raw silk from China which can then be processed and finished in Europe." China produces 70 per cent of the world's silk. In late ...
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