Chinas deficit threatens WTO entry
CHINAS attempt to be admitted to the World Trade Organisation (WTO) may be thwarted by its agriculture trade imbalance with the US, reports the Financial Times.
Although the deficit with China dropped in November to $6.49bn from $7.15bn the previous month, analysts say the fall is exceptional.
Opponents of Chinas WTO entry point out that the US has a shrinking US agriculture trade surplus with China and growing rice imports.
- Chinese farmers fear WTO entry, FWi, 27 July 1999
- China concludes farm deal with US, FWi, 09 April 1999
- Financial Times 21/01/2000 page 9