World Trade Organization

China Debates Impact of Joining WTO

By ELAINE KURTENBACH Associated Press Writer BEIJING (AP) - Legions of jobless farmers, backward factories bankrupted by foreign competition, Chinese products banished by Western brand names - for some in China, the prospect of joining the World Trade Organization conjures up nightmarish scenarios.

US vs. Europe at the WTO

Christian Science Monitor The United States had its biggest trade deficit ever last year - $347 billion. That sum was 41 percent worse than in 1998. The American border, clearly, is highly porous to imports. And though the US does have an armful of devices to discourage imports and promote exports, its tariffs are a bit lower on average than those of the European Union.

China Raises Taiwan Stakes

By CHARLES HUTZLER Associated Press Writer BEIJING (AP) - China raises new threats to attack Taiwan. Taiwanese leaders warn intimidation will only worsen relations. The United States, threatening grave consequences if China attacks, moves an aircraft carrier off Japan.