China
China's State Council has adopted a package of measures that will allow foreign telecoms operators to enter the Chinese market for the first time. However, a closer look at the new laws reveals that China may be reneging on key commitments made to the US and EU during
China
The US has proposed high-level talks with China to resolve differences threatening to delay Beijing's planned membership of the World Trade Organisation. US Trade Representative Charlene Barshefsky has asked for a meeting with China's Premier Zhu Rongji, amidst stalled WTO talks in Geneva. The impasse stems
China
Global trade and economic developments have been shaped by ongoing negotiations and market changes. Key developments include China's accession talks with the World Trade Organization (WTO) entering the final stage, the United States' consumer confidence rising slightly after a fall in August, the European Union's
China
As China prepares to join the World Trade Organization (WTO), the country is experiencing a mix of excitement and trepidation. The prospect of becoming a permanent member of the WTO has been met with official applause, but many Chinese worry that the country is not yet ready to face the
China
The U.S. Senate has taken a crucial step towards opening China's massive market to American goods and services, paving the way for economic and political reforms in the country. The approval of Permanent Normal Trade Relations (PNTR) with China was hailed by business leaders as a major
China
As the Senate prepares for a crucial vote on a trade bill with China, the Clinton administration is intensifying pressure on wavering senators to reject an amendment that could jeopardize passage this year. The amendment, sponsored by Senators Thompson and Torricelli, aims to impose sanctions on Chinese companies for exporting
China
Chinese Premier Zhu Rongji expressed hope during a meeting with Swiss President Adolf Ogi that Switzerland would adopt a flexible attitude in negotiations over China's accession to the World Trade Organization. The meeting took place at the Great Hall of the People in Beijing today, coinciding with the
China
The Clinton administration's slow pace in announcing the products for carousel retaliation in the banana and beef disputes with Europe has raised questions and concerns among farm groups, potentially affecting the Senate vote on granting permanent normal trade relations to China. According to Chris Garza, the Farm Bureau&
China
As China's entry into the World Trade Organisation (WTO) looms, Volkswagen is planning to take full control of its jointly held car plants in China. Erich Schmitt, a board member of Volkswagen unit Audi and in charge of China operations, has stated that the company will discuss the
China
Beijing's domestic car makers have sparked a new round of price cuts in an attempt to reduce inventories and gain market share. Tianjin Xiali Automobile Co Ltd has reduced the price of two of its Xiali models by about 8,000 yuan (US$965), while First Automotive Works
China
Chinese poet and editor Huang Bei Ling, also known by his literary name Bei Ling, has been arrested for two weeks and will be released on Saturday. He is a Chinese citizen with permanent-residence status in the United States and was detained while conducting a forum on his literary journal,
China
China's handling of disasters has a disturbing consistency, evident in its response to both man-made and natural catastrophes since 1949. When disaster strikes, Beijing's initial approach is to maintain a total silence, with newspapers, television, and even foreign correspondents being told to "await instructions"
