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
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.…

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
SIGNIFICANT opportunities for British and other law firms to practise in China have been opened up following agreement by the Chinese government on the terms of its accession to the World Trade Organisation. The European Commission said there was “great demand” for legal services from western firms as China enters international markets on an unrestricted basis for the first time.…

BY KEITH NUTHALL
IN the years of the Cultural Revolution, when the bamboo curtain separated the world’s most populous country from the rest of the globe, the idea of sending bulk agricultural exports to China would have seemed laughable. Even today, Chinese export markets buy up a fraction of British farming produce, but in the future, this could change.…

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
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
FOREIGN companies will be able to hold 100 per cent ownership in hotels in China by March 2005, under the trade deal which led to Chinese membership of the World Trade Organisation being approved last week. Until now, international hotel groups have had to work with a Chinese partner in formal joint-ventures, as a condition of being able to trade in China.…

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 is to reserve the right to maintain its state tobacco 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.…