Bumpy Start For China's WTO Entry

03/6/2002 | Bloomberg Businessweek

Economists say China's decision to join the World Trade Organization in December marks a new beginning for trade relations with the U.S. and other countries. But, instead of honoring foreign imports and investments that coincide with WTO rules, China is preparing to impose new regulations that would slow importation of agricultural products. Analysts say China's aloofness is a way to deter a sudden flood of imported grain that could harm local farmers.

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