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’“Why the teacher is in such difficulties?”
Just in case anyone was thinking of dusting off the idea that China might bailout Europe, here’s a repeat of its demands: conferral of “market economy” status (for WTO purposes) and an “ironclad” guarantee that they’ll be paid back.
The WTO dividend
You can say what you want about the achievements of the WTO; it sure is nice to be part of the club.
Certainly that is what the Kremlin will be thinking this morning after Russia cleared the final hurdle to joining the 153-nation trade organisation after 17 years of trying.
Lex: China trade spat
China’s trade row with the rest of the world over bauxite, phosphorous and chickens is Punch and Judy politics on a global scale. Its real significance, though, is the growing engagement of the world’s third-largest economy with its most important international trade tribunal,
US set for WTO clash with China
The US and the EU on Tuesday raised the stakes in a growing dispute with China, lodging a joint case at the World Trade Organisation over export quotas on raw materials. It is the latest sign of rising trade friction following the two countries’ controversial “Buy American” and “Buy Chinese” provisions,
Doha trade talks collapse
The Doha round of global trade talks, now in its seventh year, broke up without agreement on Tuesday after nine days of tense negotiations. Sharp divisions between the US, India and China about access to agricultural markets in the developing world could not be bridged and the talks came to a grinding halt,