To: Ruffian who wrote (23600 ) 3/1/1999 11:24:00 PM From: 2brasil Read Replies (1) | Respond to of 152472
OT U.S has new plan to help China WTO bid - Albright BEIJING, March 2 (Reuters) - Secretary of State Madeleine Albright said on Tuesday U.S. Trade Representative Charlene Barshefsky would offer a new proposal to advance China's World Trade Organisation (WTO) entry this week. ''As Ambassador Barshefsky comes here to discuss a new proposal with the Chinese, there is a good chance that we can move that process forward,'' Albright told a news conference in Beijing after talks with Chinese leaders. Albright did not elaborate on the plan Barshefsky would present to China in talks on Wednesday and Thursday in Beijing. ''We are hoping very much for increased flexibility'' from China in its 13-year bid to join the WTO, Albright said. U.S. officials have expressed hopes China would use Premier Zhu Rongji's scheduled April trip to Washington to make a fresh commitment to join the global trading regime by the end of the year, when a new round of world trade talks is set to begin. But the officials played down expectations that Barshefsky might clinch a deal in time for Zhu's visit, saying she would use this week's trip to Beijing to sound out Chinese officials. ''We are not looking for any breakthroughs here,'' a U.S. trade official told reporters in Washington. Barshefsky told reporters last week that progress was slow and Beijing had made ''no discernible change'' in its positions. China is seeking entry into the WTO on more lenient terms granted to developing nations. But the United States, which had a $57 billion trade deficit with China last year, says it is too big to join the WTO on the same terms as the world's poorest countries. The United States is pressing Beijing for greater access to China's markets in telecommunications and other services and to resolve long-standing trade disputes over wheat, citrus fruit and meat. China has been reluctant to open its markets wider as it struggles with a politically delicate restructuring of uncompetitive state-owned industries in many key WTO sectors and the impact of the Asian economic crisis. -- Beijing Newsroom (86) 10-6532-1921; Fax (86) 10-6532-4978 -- E-mail: beijing.newsroom@reuters.com Related News Categories: US Market News Help Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information. Questions or Comments?