A deal between China and the EU is near on Chinese membership of the WTO
In Beijing, China and the EU have gone into their fourth day of negotiations on Chinese membership of the WTO. According to a spokesman of Commissioner Lamy, a deal between the two parties is near.
Yesterday, there was good news for China from the US, where a key Congressional committee gave its support to a bill which will give China permanent trade privileges. The American Congress will vote next week on the US-China agreement for WTO membership. Th Clinton administration is not sure to get a majority for its proposal.