Search Results for: China

BY ALAN OSBORN
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.…

BY ALAN OSBORN
POTENTIALLY significant export and investment opportunities for British and other EU chemical companies in one of the world’s largest and fastest-growing markets have been opened up by an agreement revealed today (Wednesday) on the terms for China to join the World Trade Organisation.…

BY KEITH NUTHALL
CHINA is to reserve the right to maintain its state tobacco distribution 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.…

BY ALAN OSBORN
DETAILS on the agreement reached by China on the terms of its accession to the World Trade Organisation, thereby opening up the world’s potentially largest consumer market to international drinks manufacturers, distributors and retailers, have been revealed in a briefing paper.…

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.…

Keith Nuthall
CHINA was due today (Monday) to be 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.

After implementing all the promises it has made in the bilateral deals which paved the way for WTO membership, China’s average bound tariff level for industrial goods will drop to 8.9 per cent, with a range from 0 to 47 per cent.…

Keith Nuthall
FURTHER details have emerged about the effect on the international automobile industry of China’s recently approved membership of the World Trade Organisation. According to an EU briefing paper obtained by just-auto.com, China has made significant steps to liberalise its auto trade, a statement that contrasts with the pessimistic tone of an earlier WTO paper, which said that tariff protection would remain high after it formally joins the trade body, probably next March.…

BY SWINEETHA DIAS WICKRAMANAYAKE
MEXICO-based Grupo Modelo is launching its flagship brand Corona in India this year, with its international market coordinator for the Asia-Pacific region claiming that the beer will be as successful as it has been in China. Linares Fernando told the Indian press that annual Chinese sales are approaching one million cases.…

BY KEITH NUTHALL
THE EUROPEAN Commission has asked EU ministers to re-impose for another five years the existing definitive anti-dumping duties on imports of gas-fuelled, non-refillable pocket flint lighters and certain refillable pocket flint lighters, made in China and Taiwan. If approved, the rate of duty shall be set at Euro 0.065.…

BY SWINEETHA DIAS WICKRAMANAYAKE
BEIJING Capital International Airport (BCIA) is holding talks with provincial Chinese airports, with a view to securing stakes in them, which could transform the Hong Kong stock exchange listed company into a key nationwide player. Although Chinese press reports have quoted the company as dismissing rumours that it has struck deals to buy into Xian, Chengdu and Shenyang airports, it has confirmed that investmant talks are underway with their owners.…