Search Results for: China

BY KEITH NUTHALL
FURTHER details have been revealed about the concessions that have been made by China in its successful bid to secure membership of the World Trade Organisation.

According to an EU briefing paper, China has promised to remove all of its import quotas for industrial goods, which restrict the amount of cargo that can be imported, by 2005.…

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
BRITISH and other developed country exporters will be able to take advantage of lower tariffs and abolished restrictive import quotas in the vast markets of China in future, because of the long awaited decision to admit the planet’s fifth largest trading nation to the World Trade Organisation.…

BY ALAN OSBORN
AFTER 15 years of negotiations, China has reached agreement on the terms of its accession to the World Trade Organisation, thereby opening the way for British accountancy firms to set up shop in the world’s most populous market.…

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.…

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 SWINEETHA DIAS WICKRAMANAYAKE
TAIWANESE authorities have decided to spend more than NT$ 3 billion on upgrading Kaohsiung international airport in western Taiwan, as well as its seaport facilities. The plan has been announced by the country’s Economic Development Council and includes lengthening runways.…

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.…

KEITH NUTHALL
FOREIGN companies will be able to hold 100 per cent ownership in hotels in China, under the trade deal which led to Chinese membership of the World Trade Organisation being approved this week. Smaller tourist businesses will also be able to operate in China in future, because of a promise by Beijing to scrap minimum capital and turnover requirements for overseas travel firms.…

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.…