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Beijing puts end to talks on WTO

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CHINA will not arrange any more talks about its admission to the World Trade Organisation (WTO), a top Chinese trade official says.

Ministry of Foreign Trade and Economic Co-operation (MOFTEC) Vice-Minister Gu Yongjiang said China promised to maintain friendly relations with the group's member nations.

But he warned WTO members against overestimating China's economic power, emphasising it was still a developing nation.

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'Our obligations and responsibilities can only be those of a developing country,' he said.

'We have no problem with that, but some countries continue to raise inappropriate demands that we cannot possibly meet.' Speaking at a China investment policy symposium in Hong Kong yesterday, Mr Gu said China would pursue economic reforms according to its own time schedule, whether or not the WTO agreed to its entry.

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'We are not going to make any effort to set up more meetings, but if others do so, we'll be pleased to attend,' he said.

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