CHINA WTO
September 1st, 2001
Keith NuthallCHINA 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.However the highest rates will apply to automobiles and related products. Most tariffs that are to be ...
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