Chinas deficit threatens WTO entry

21 January 2000

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.

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