CHINA WTO – MORE

BY KEITH NUTHALL
A later briefing paper issued by the European Union also confirmed that the accession deal involved China conceding the right for foreign private firms to import silk directly from China. 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 bilateral negotiations China also made "further improvements during other bilateral ...


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