Search Results for: China

Keith Nuthall
FURTHER 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.…

BY KEITH NUTHALL
CHINA is to abolish its laws requiring international oil companies to channel their crude and processed oil through state importers. The promise has been accepted as part of Beijing’s price for membership of the World Trade Organisation which was approved by the WTO’s China accession working party last month (September).…

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.…

BY KEITH NUTHALL
WORLD Trade Organisation officials are still optimistic that China’s accession to the WTO will be approved this Thursday, despite continuing wrangles between the US and EU over their respective access to the Chinese life insurance market. Preparations for an announcement at 12 noon are still being made, as is a public statement the following day, for the accession of Taiwan, which was always going to follow on the heels of a decision on mainland China.…

BY KEITH NUTHALL
FOREIGN investors will be blocked from controlling Internet, third generation mobile and other telecommunications joint ventures in China under the final deal struck over its accession to the World Trade Organisation, a briefing paper from officials in Geneva has said.…

BY KEITH NUTHALL
FOREIGN investors will be blocked from controlling Internet, third generation mobile and other telecommunications joint ventures in China under the final deal struck over its accession to the World Trade Organisation, a briefing paper from officials in Geneva has said.…

Keith Nuthall
THE TRADE in textiles between China and the rest of the world is set to grow sharply, with the agreement being forged to allow Chinese membership of the World Trade Organisation, after 15 years of negotiations.

It means that China has acceded to the Agreement on Textiles and Clothing, being subject to its rights and obligations, including the fact that, as for all WTO members, its quotas on textiles should be scrapped by December 31, 2004.…

BY KEITH NUTHALL
CHINA has been granted membership of the World Trade Organisation, following 15 years of often intense negotiations, although its automobile industry is to retain a significant level of tariff protection.

For industrial goods the average bound tariff level will fall to 8.9 per cent with a range from 0 to 47 per cent, with the highest rates applied to photographic film and automobiles and related products.…

BY KEITH NUTHALL
INTERNATIONAL mining companies are to find it easier to work in China, 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.…

BY ALAN OSBORN
SIGNIFICANT opportunities for British and other ceramic exporters have opened up in China following Beijing’s agreement to the terms of its accession to the World Trade Organisation. Under the deal, China has agreed to reduce tariffs on 11 key ceramics products from between 24.5 and 35 per cent to between 10 and 15 per cent by 2005, including ceramic and porcelain tiles and ceramic tableware.…