China makes concessions

Article Abstract:

China has consented to ease government controls on its market in a bid to join the World Trade Organization (WTO), and also pledged to give Chinese firms the right to directly trade with foreign firms. China urgently wants to join WTO so it can gain greater unbridled admission to world markets. According to US negotiators, it remains unclear whether China will be allowed to enter the WTO by the end of 1997.

International Affairs, Corporations, International Groups NEC, Laws, regulations and rules, Economic policy

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Cracking the China market

Article Abstract:

Almond growers in California are hoping to benefit from China's acceptance into the World Trade Organization (WTO). California Central Valley farmers sell 70% of their harvest to customers outside of the US.

China, International economic relations, California, Tree nuts, Almonds, Tree Nut Farming, International trade, Membership, Nut industry, Almond

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