 Date :9/16/01 11:17:27 AM No.: 3
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ON THE ISSUE OF CHINA'S ADMISSION TO THE WORLD TRADE ORGANIZATION (WTO), JEDDAH-BASED 'ARAB NEWS' SAID IT HAS TAKEN ALL OF15 YEARS, BUT AGREEMENT HAS BEEN REACHED AT LAST ON CHINA'S APPLICATION FOR MEMBERSHIP OF THE WORLD TRADE ORGANIZATION (WTO).
IT WAS ABSURD THAT THE WORLD'S MOST POPULOUS NATION, WITH ITSBURGEONING MANUFACTURING BASE AND SUBSTANTIAL EXPORTS, WAS KEPT OUT THE MAGIC CIRCLE WHICH SEEKS TO ORDER AND REGULATE THE INTERNATIONAL TRADE.
HOWEVER, CHINA HAD CONTRIBUTED TO THE DELAY. FROM THE START IT TRIED TO CUT A DEAL THAT WAS CLEARLY SO ADVANTAGEOUS FOR ITSELF THAT IT WOULD HAVE BEEN UNWORKABLE, EVEN HAD IT BEEN RATIFIED BY OTHER MEMBERS OF THE TRADE ORGANIZATION .--SPA
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