China markets face WTO deadline
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China is to face greater competition from foreign banks as a WTO deadline to open its markets looms.
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By Diao Ying  The Chinese Government is telling enterprises to prepare to meet the latest European Union regulations on chemical substances, another of many international standards that stifles China's manufacturing-heavy foreign trade.
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Beijing. (Interfax-China) - China will speed up economic restructuring and reform and the adoption of market-based systems. Meanwhile, China will continue to maintain its open-door policies and meeting its
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China will impose tariffs on some textile exports in a move that may ease frictions with the United States and others over an expected flood of Chinese products on world markets after a global quota system expires at year's end.
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Eight foreign banks have applied to become the first foreign institutions licensed to handle retail business in Chinese currency, the government said, as a WTO deadline for opening its banking market passed on Monday.
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China on Thursday exercised its right to  delay a World Trade Organization (WTO) probe into its rules on  auto part imports sought by the United States, the European  Union and Canada.
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GENEVA: Major textile exporters China, Pakistan and India on Thursday stalled talks at the World Trade Organisation on assistance for smaller textile-producing developing countries likely to be affected by the end of import quotas next January, diplomats
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China will consider adopting measures to protect its interests and those of its trading partners once global textile quotas are scrapped at the end of this month, a government spokesman said on Friday.
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China will soon create one of the world's largest investment funds, with ramifications for global stock, bond and commodities markets and for how the U.S. finances its trade deficits.
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China will consider adopting measures  to protect its interests and those of its trading partners once  global textile quotas are scrapped at the end of this month, a  government spokesman said on Friday.
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VIENTIANE, Laos: China and the Association of Southeast Asian Nations (ASEAN) are expected to make substantial progress in advancing the free trade area (FTA) at their summit to be held here today.
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With the fast growth of China&#39;s foreign trade after the WTO accession, China has entered a peak period of trade disputes with foreign countries, said officials with the Chinese Ministry of Commerce.
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WESTERN banks are waiting to see if the Chinese Government will act to limit their exposure to the financial scandal in Singapore in a which a company
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Reaction was overwrought, and China's economy is still hot. But a sudden market slide shows it's time to get real
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China expects its trade surplus to be around $10 billion in 2004, and sees friction over textile exports topping the list of trade troubles next year, a senior Commerce Ministry official said.
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The pace of Chinaâs economic development is still strong enough to keep pushing up prices around the world for everything from oil to iron ore to freight shipping.
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Under WTO rules, candidates for the organization&#39;s top job must formally submit their bids before January, with the 148-nation WTO expected to select Supachai Panitchpakdi&#39;s replacement by the end of June.