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WTO win could open China's door to US companies
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| Contributor | the wanderer |
| Last Edited | the wanderer Aug 12, 2009 07:01pm |
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| Category | News |
| Author | BRADLEY S. KLAPPER, |
| Media | Website - Yahoo News |
| News Date | Thursday, August 13, 2009 01:00:00 AM UTC0:0 |
| Description | GENEVA – The World Trade Organization backed the United States Wednesday in a major trade battle with China, issuing a ruling that could ease tight controls and open markets for U.S. makers of everything from DVDs to books and music downloads.
The decision came down decisively against Beijing's policy of forcing American media producers to route their business through state-owned companies. It will not yield immediate revenues in Hollywood or Silicon Valley, and it may take sanctions — or the threat of them — to force China to ease access for U.S. companies to the world's largest marketplace.
Still, U.S. Trade Representative Ron Kirk said the decision will help "level the playing field for American companies working to distribute high-quality entertainment products in China."
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