China counts cost of trade rules

China finds it difficult to comply with standards imposed by the EU and the US.

    Exporters sometimes say they are unaware
    of changes in regulations
    Companies surveyed said that they did not have enough money to comply with the standards or simply did not know that some countries had changed certain rules.
     
    Chinese products from honey to cigarette lighters are often subject to complaints about consumer safety from the EU, the US, Japan and South Korea.
     
    "The textile industry has been most affected by barriers, taking up to 43 per cent of the losses," said the report.
     
    "Exports of food, poultry, wood products, electronic and machine products were also greatly affected."
     
    But China is also a target for complaints that it puts up technical barriers of its own to hinder trade, many times citing its health and safety rules.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    China will determine the future of Venezuela

    China will determine the future of Venezuela

    There are a number of reasons why Beijing continues to back Maduro's government despite suffering financial losses.