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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2406 |
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The commitment schedule is the guideline, which determines the market access and national treatment obligations. This is known as most-favored nation (MFN) treatment. It is a general obligation that applies to all measures affecting trade in services. Although, China has made certain commitments to open its market to foreign business, its environment is unique...
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Although, China has made certain commitments to open its market to foreign business, its environment is unique. Although China has met the criteria to accord national treatment to foreign companies’belief is that China is structurally unable to make it a reality. According to James Kynge, 1999, In China’s case, experience and discernable economic pressures suggest that the equal application of transparent laws enforced by an impartial legal system may remain a mere concept for many years to come...
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