Source Pravda.Ru

China Increasingly Relying on WTO

China could be forgiven for feeling aggrieved after the World Trade Organization ruled against its curbs on audiovisual imports this week.

Far from it. An emergent China is increasingly relying on the WTO to make sure its exporters have fair access to global markets.

After China entered the WTO in 2001, it was usually on the defensive as other countries sought to dismantle the many barriers to entering the world's fastest growing major economy , Reuters reports.

China said Thursday it might appeal a major World Trade Organization ruling that told Beijing to ease restrictions on imported movies, music and books in its latest trade dispute with Washington. The Commerce Ministry insisted Beijing does not hamper imports of media products, despite Wednesday's decision by a WTO panel of experts that it violates free-trade rules by forcing such products to be routed through Chinese state-owned companies , The Associated Press reports.

"China expresses regret that the panel did not reject the US complaint about the import and distribution of printed material, films and music," commerce ministry spokesman Yao Jian said in a statement.

"China will carefully evaluate the panel's report and does not rule out appealing on issues of concern to the Chinese side," he said in the statement , AFP reports.

Comments
Putin sets Merkel against Trump. She doesn't mind
Putin sets Merkel against Trump. She doesn't mind
Ukraine dreams of what it can do to Crimea after winning war with Russia
US-Russian confrontation: War is peace, freedom is slavery
Default more likely to hit American, rather than Russian economy
Russia refuses to build helicopter carriers, but considers aircraft carriers
Pilot shares his impressions after flying Su-57 fifth-generation fighter
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Boris Yeltsin tried to escape to US Embassy as USSR was falling apart
Terrorists attack police officers in Chechnya in a series of poorly prepared acts
Russia Must Die - The Deep State has Spoken
Oil prices may fall as USA saves record oil reserves
Putin sets Merkel against Trump. She doesn't mind
US-Russian confrontation: War is peace, freedom is slavery
Boris Yeltsin tried to escape to US Embassy as USSR was falling apart
Israel makes final warning to Iran
The ayatollahs now fear the collapse of the Iranian economy
North Korean government warns people of severe famine
Israel makes final warning to Iran
Putin sets Merkel against Trump. She doesn't mind
Ukraine dreams of what it can do to Crimea after winning war with Russia