1. Chinese in the WTO
... cordial and the talks looked promising. But, concessions were not suitable to the United State's standards. President Clinton declined the offer by the Chinese to liberalize their market and to give the US almost half of the control over telecommunications and financial services. Clinton did not believe that the ... providers from the date of accession, with the figure increasing to 50 percent after two years. US companies will be allowed to invest in Chinese Internet content providers. China will cut its import tariff on automobiles to 25 percent by 2006. US financing will also be allowe...
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