Edging closer
A deal with America brings China closer to WTO membership (again)
ONE of the most protracted of all international diplomatic marathons may at last be near its finishing line. By reaching agreement with America on the terms of its accession to the World Trade Organisation, China has won a chance of joining the WTO this year. It may even meet the latest of many deadlines that have slipped by during the 15-year haggle: November, when the WTO's ministerial meeting in Qatar will mark a renewed attempt to launch a new round of world trade talks. Foot-sore marathon-runners, however, could be forgiven a weary feeling that China has passed this milestone before.
This article appeared in the Finance & economics section of the print edition under the headline “Edging closer”
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