Today the US-China Business Council (USCBC) said that China has made important progress in opening-up its market since acceding to the World Trade Organization (WTO) in 2001, but still has many challenges left to address in order to achieve a fair and equitable market-place for foreign investors.
In written testimony to the interagency Trade Policy Staff Committee, USCBC stated that while China is often in compliance with the letter of its WTO commitments, it falls short of the...