China Joins Talks to Strike a Worldwide Digital Trade Pact (original) (raw)

China will join a group including the U.S. and the European Union in negotiating new rules to cover the $25 trillion e-commerce market.

The EU and 47 other members of the World Trade Organization launched the discussions, according to a Friday statement. If successful, a digital trade accord hashed out through the Geneva-based trade body would establish a baseline international regime for 21st century trade and reduce cross-border hurdles to e-commerce.