World Trade Organization

EU Trade Negotiators Leave China After Talks Collapse

BEIJING, Feb 25 (AFP) - A European Union trade delegation left China on Friday after failing to clinch a market-opening WTO deal with Beijing, and no firm date has been set for new talks, an EU official told AFP. China's official Xinhua news agency said the two sides had "come very close" to reaching an agreement in the four days of negotiations which ended on Thursday.

China and Europeans Break Off Talks on WTO Membership

New York Times | By CRAIG S. SMITH HANGHAI -- Chinese and European Union negotiators broke off talks today on China's entry to the World Trade Organization, further complicating the country's troubled bid to join the body. No date was set to resume the talks. "The gap has narrowed, but we are not there yet," said Hans-Friedrich Beseler, head of the European team.

Tax Breaks Aren""t Subsidies

The Wall Street Journal By Keith Marsden, an economist based in Geneva. The World Trade Organization badly needs to refurbish its image after last year's debacle in Seattle, and to demonstrate its continuing relevance as an independent arbitrator of rules that promote global trade, free markets and open competition. Stamping out tax breaks is not a good place to start.