Home-court advantage: ventures in China fight an uphill battle

Article Abstract:

China is attempting to comply with the General Agreement on Tariffs and Trade and provide a level playing field between foreign and domestic corporations by eliminating tax and tariff breaks for foreign companies. However, instead of leveling the field, these changes will make it more difficult for foreigners in some ways because they have neither the contacts nor the cultural background to work through normal channels while the government limits some trade information to Chinese only. The reduction in tariffs is largely on paper and would actually increase tariffs.

China, Taxation, Foreign corporations, Tax policy

---

Gatt vs the greens

Article Abstract:

The General Agreement on Tariffs and Trade's (Gatt) report warns that increased environmental restraints could prove disastrous to the trade of developing countries. The trade restrictions imposed on Malaysia's logging industry by environmental pressure groups to prevent deforestation are not reasonable, since most felled trees are not exported. The Gatt opposes the trade measures imposed on developing countries by industrial nations and suggests that economic incentives would be a better alternative to import restrictions.

Environmental aspects, Developing countries, International relations, Industrialized countries, Industrial nations, Restraint of trade

---

And another thing: Europe, U.S. criticize Japan's closed markets

Article Abstract:

A positive report on Japanese trade policy by the World Trade Organization secretariat did not prevent US and European trade officials from blasting Japan for not opening its markets or deregulating its economy. Tokyo released a new deregulation package on Mar 31, 1995, and it is still under review, but Assistant US Trade Representative Ira Wolf lashed out over Japanese resistance to US cars and auto parts, while the European spokesman criticized Japan's high taxes on European liquors and other goods.

Japan, International trade, World Trade Organization, Free trade

Similar abstracts:

• Abstracts: Mormon spearhead. Japan moves in at dawn
• Abstracts: Money grows on trees: in cashews, Vietnam finds a lucrative business. Tug on the reins
• Abstracts: Some characteristics of adopters of a major innovation in the computer field and its potential use in marketing
• Abstracts: No-man's land: Chinese municipality prospers as Hong Kong's partner in crime. Bill of wrongs: rule of law takes odd course in bribery trial
• Abstracts: Vietnam's dichotomy. Giant steps: shore maker Biti is one of Vietnam's most able firms. Out of the black: Vietnam moves closer to genuine currency market

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.