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When China joined the WTO, it agreed to considerably harsher conditions than other developing countries. [17] [18] After China joined the World Trade Organization (WTO), its service sector was considerably liberalized and foreign investment was allowed; its restrictions on retail, wholesale and distribution ended. [19]
The original members of the World Trade Organization are the parties to the General Agreement on Tariffs and Trade (GATT) after ratifying the Uruguay Round Agreements, [1] and the European Communities. They obtained this status at the entry into force on 1 January 1995 or upon their date of ratification.
China began promoting overseas investment through the Go Out policy, which Jiang Zemin formally announced as a national strategy in 2000. After its 2001 entry into the World Trade Organization, China focused on export-led growth and became a major link in global supply chains. Through this process, China developed large trade surpluses and ...
Yet in responding to this latest trade move by China in the renewed trade conflict between the two countries, the U.S. government did not mention WTO law. Nor, in reporting on the event, did the U ...
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese ...
The U.S.–China Relations Act of 2000 is an Act of the United States Congress that granted China permanent normal trade relations (NTR) status (previously called most favoured nation (MFN)) when China becomes a full member of the World Trade Organization (WTO), ending annual review and approval of NTR.
Greater scrutiny on U.S. investment in China. A downgrade in trade relations could be accompanied by new restrictions and reporting requirements on U.S. investments in China, as regulatory ...
After its entry into the World Trade Organization (WTO) in December 2001, China began pursuing export-led growth and became a key link in global supply chains. [ 32 ] : 235–236 Chinese businesses were encouraged to trade directly with foreign companies (instead of working through SOEs as previously). with the exception of certain state ...