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News archives

Friday, December 29, 2006

CHINA RELEASES LANDMARK REPORT ON SERVICE TRADE
China's Ministry of Commerce has released the landmark "Report of China's Service Trade Development 2006." The report for the first time issues statistics of the country's service trade according to the World Trade Organization (WTO) standard, compares China's service trade development with glob... Continued...

Friday, December 15, 2006

Made (cheaply) in China
If you've started your Christmas shopping, it's almost certain you've bought at least one consumer good stamped "Made in China." These days, that country manufactures two thirds of the world's photocopiers and shoes, half of all its cameras and nearly all of its mass-produced toys. China's price... Continued...

Monday, December 11, 2006

The negotiator: China's Mr WTO looks back
When Long Yongtu looks back at the years he spent trying to get China into the World Trade Organization, a sense of deep satisfaction mixes with a nagging feeling of missed opportunity. Through the window of his office 25 floors above the bustling streets of Beijing, the former chief WTO negotiat... Continued...

Farmers quit cotton despite WTO victory
ACREÚNA, Brazil - The future loomed bright for Brazilian cotton growers after their government won a headline-grabbing victory at the World Trade Organization, which declared some U.S. cotton subsidies illegal. Backed by West African producers and the British charity Oxfam using American data, Br... Continued...

Wednesday, December 6, 2006

Study Finds Wealth Inequality Is Widening Worldwide
Experts have long worried about the skewed distribution of the world’s income, with vast rewards massing in the hands of a wealthy elite and precious little left over for the vast majority of the global population. But even as income inequality has reached near record levels in many countries, th... Continued...

China sticks to 'softly, softly' approach after five years in WTO
China's low-profile stance during its first five years in the World Trade Organisation has riled some of its competitors, who want to see a more dynamic approach, according to diplomats and trade sources. China joined the WTO on December 11, 2001, but since then it has not been at the forefront o... Continued...

Friday, December 1, 2006

World Bank official suggests Chinese economy rely more on domestic consumption
China should take measures to expand its domestic consumption instead of relying too much on investment and exports, Dr. David Dollar, the World Bank country director for China, said here Friday. Economic restructuring would be the toughest task facing the government next year, he said. Chin... Continued...