China `regrets` WTO order on films and music, may appeal
China on Thursday said that it "regretted" a World Trade Organisation decision ordering it to ease some of its curbs on foreign films, music and print, warning that it might appeal.
Beijing: China on Thursday said that it "regretted" a World Trade Organisation decision ordering it to ease some of its curbs on foreign films, music and print, warning that it might appeal.
The decision from the WTO settlement dispute panel
yesterday said China was breaching international trade rules
by blocking foreign-owned companies from acting as importers
and wholesalers of films, music and printed material.
"China expresses regret that the panel did not reject
the US complaint about the import and distribution of printed
material, films and music," Commerce Ministry spokesman Yao
Jian said in a statement.
"China will carefully evaluate the panel`s report and
does not rule out appealing on issues of concern to the
Chinese side," he said in the statement.
The United States, which brought the complaint to the
global trade watchdog in 2007, claimed overall victory in the
dispute, which also affects Hollywood blockbusters.
"Today, a WTO panel handed a significant victory to
America`s creative industries," said US Trade Representative
"These findings are an important step toward ensuring
market access for legitimate US products in the Chinese
market, as well as ensuring market access for US exporters and
distributors of those products."