Goldman Sachs sees the Chinese economy opening up to Western investors now the US has paved the way ...
Goldman Sachs sees the Chinese economy opening up to Western investors now the US has paved the way for China's accession to the World Trade Organisation (WTO) next year. Although it is only a technical agreement regarding tariffs and other aspects of trade policy, the deal between the US and China is likely to have wide-spread ramifications as large sections of the Chinese economy will be open to market forces for the first time. According to the Goldman Sachs Economic Research Group, the lack of similar bilateral deals between China and the EU as well as other smaller countries, should...
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