China Customs 2003: Tensions and Progress
January 31, 2004 | BY
clpstaff &clp articles2003 was an eventful year in China's customs law and practice. Here two of our authors take a look at problems and progress in China's adjustment to WTO.
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By Neal Stender and Sharon Xiao Zhang, Coudert Brothers, Hong Kong, Beijing and Shanghai
After a year of challenges for all participants in China¡¯s customs matters, 2003 ended in an atmosphere of progress on both practice and legislation. But risks remain, especially for companies that rely on complex supply chains, as China¡¯s customs regime continues its transition from administrative discretion and negotiated solutions to complex standards and procedures.