Getting into the spirit of WTO
By Robin Lynam | 4 September 2000
More liberal legislation in the light of China's historic signing of the WTO Trade Agreement means more foreign companies could be granted licenses to import and export spirits in the country. Robin Lynam reports. Like the leaders of every other industry, the world's major distillers of branded spirits are watching China carefully to see what will happen after its WTO accession. Many, however, have past experiences of the market which may predispose them to a cautious approach.
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More liberal legislation in the light of China's historic signing of the WTO Trade Agreement means more foreign companies could be granted licenses to import and export spirits in the country. Robin Lynam reports. Like the leaders of every other industry, the world's major distillers of branded spirits are watching China carefully to see what will happen after its WTO accession. Many, however, have past experiences of the market which may predispose them to a cautious approach.
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