Trading WFOEs in Waigaoqiao: End of the Road or New Opportunities?
January 31, 2005 | BY
clpstaff &clp articlesGranting of trading and distribution rights are among the most important market opening measures China agreed to in its commitments to join the WTO. How does liberalization of trading and distribution affect the operation of enterprises in the free trade zones that have been key to China's economic growth over the years?
By John Li, Allens Arthur Robinson, Shanghai
According to China's WTO commitments, foreign-invested enterprises (FIEs) were to be granted the right to trade in most goods throughout the customs territory