More EU cos feel pinch of China's WTO entry

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BEIJING, Nov 22 (AFP): A growing number of European companies in China feel their business has suffered after the nation's entry into the World Trade Organisation (WTO), according to a survey released today.
The survey conducted by the European Chamber of Commerce showed 34 per cent said WTO membership had a negative impact on their business, up by a steep margin from just four percent in a similar survey last year.
Only 16 per cent felt the WTO pact had impacted their business positively, down nearly two thirds from 43 per cent in 2006, said the survey, which polled around 200 EU companies in China.