China eases trade barriers

China has a sheaf of new regulations kicking in at the end of the year which will provide significant new trade opportunities for Hawaii businesses, according to the executive director of the Hong Kong Hawaii China Chamber of Commerce.

"Foreign retailers and wholesalers have long realized that China's opening did not include them," says Johnson Choi. "But new regulations going into effect after December 2004 will allow fully foreign-owned enterprises to establish wholesale and retail operations anywhere in the country, and promise to dramatically change China's commercial landscape."