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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World EU says China's trade policies still too opaque AFP - 2 hours 35 minutes ago Send IM Story Print EU says China's trade policies still too opaque Slideshow: Full Photo Coverage: Business & Economy GENEVA (AFP) - – The European Union on Monday criticised China during a World Trade Organization review of Beijing's trade policies, complaining that they remain somewhat opaque. "There remain important transparency deficiencies in China's trade regime," the head of the EU delegation John Clarke said in a statement. "Even though China reiterates its firm commitment to continued opening up and reform -- we find the word reform almost about 30 times in China's government report -- we believe this does not duly characterise the current situation in China," he noted. "In fact, our companies have reported a worsening of the business climate," the EU envoy added in the statement which was read at a closed-door WTO meeting on China's trade policy. Highlighting the transparency issues, Clarke noted that China replied only this year to questions the EU had tabled during the last trade policy review at the WTO two years ago. "China's disregard to some of our questions during the last TPR (trade policy review) in 2008, and the submission of the related replies two years later ... is certainly regrettable. "This is a serious systemic concern," he added. Clarke also highlighted Beijing's regulation of trade, such as a certification scheme for foreign exporters which he described as a "major obstacle ... due to the complexity, costs and length of the procedure." In addition, he criticised China's enforcement of intellectual property protection, saying that more effective control and criminal prosecutions were needed. "Despite various bold reforms undertaken in the run-up to, and during the first years after China's WTO accession, the level of state interference in the economy is still noticeable and less and less compatible with China's level of economic development," said Clarke. Chinese officials have not yet circulated a meeting statement. Recommend Send IM Story Print Related Articles Taiwan's Asustek launches tablet computers AFP - 2 hours 23 minutes ago EU says China's trade policies still too opaque AFP - 2 hours 35 minutes ago Asia stocks mixed as bargain hunters offset Euro woes AFP - Tuesday, June 1 Indian growth higher than expected AFP - Tuesday, June 1 Japan factory output up 1.3% in April AFP - Tuesday, June 1 News Search Top Stories Spain vows labour market reform by end of June Don't subpoena supermodel, urges Liberia's Taylor Top ECB officials differ on bond purchase policy Clashes as Israeli forces storm Gaza aid boat: Hamas TV BP rushes new Gulf oil operation More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended The point about pain: New study sheds light on acupuncture Celine Dion pregnant with twins: report Egypt unearths tomb of pharaonic army chief Clashes as Israeli forces storm Gaza aid boat: Hamas TV BP rushes new Gulf oil operation More Most Viewed » Hubble catches planet being devoured by its star Ocean fish could disappear in 40 years: UN Paris museum burglar grabs 120-million-dollar art haul US team creates first 'synthetic life' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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