61. China wants to join as a still-developing nation, which would give it a longer period to lower tariffs and open its markets. 62. China will make a new offer by early September to start opening its market to trade in banking, transportation and other services, a key Chinese negotiator said. 63. Chinese Prime Minister Zhu Rongji offered reassurances that China would open its markets as promised in its bid to join the World Trade Organization. 64. Chrysler, however, refuses to be bowled over by local demands just to open overseas markets. 65. Clinton will be pressing his fellow summiteers for a new round of trade talks aimed at further opening their markets. 66. China has agreed to open its markets to enter the WTO, but American businesses and farmers will benefit only if Congress approves permanent normal trading relations. 67. China promised to eliminate export subsidies, opening the market for U.S. cotton and rice producers. 68. Competition for such funds is intensifying in Japan as a result of deregulation, which has opened the market wider to foreign fund managers with good performance records. 69. Congress also wants China to open its markets further. 70. Clinton also used the threat of economic retaliation to get Japan to open its markets in what ultimately proved to be partly successful. |