Confused About International Trade

Something tells me that the folks at the Foreign Ministry need to catch up on their newspaper reading:

China said it will actively join the World Trade Organization’s (WTO) Doha round and play a constructive role, so as to promote negotiations to achieve a comprehensive and balanced result.

"Though it is a tough job to finish the Doha round by year-end, China will continue to play a constructive and active role as a responsible country, and work with all sides to promote the negotiations to achieve a comprehensive and balanced result on the basis of existing achievements," Foreign Ministry spokesman Liu Jianchao told reporters here on Thursday.

Nice thing to say, but I think someone stuck a fork in the Doha Round some time ago and pronounced that it was done. They are now saying that a new deal will be struck sometime next year. I will not be holding my breath for that possibility.


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