CHINA RULES MADE IN U.S. AND CHINA

SUBTITLE: CHINA'S REQUIREMENTS FOR TARIFF FILING AND RATE REGULATION IN THE U.S. TRADES, REMAIN THOSE ENFORCED BY THE U.S. FEDERAL MARITIME COMMISSION -- TRADE WITH OTHER PARTS OF THE WORLD WILL BE GOVERNED BY A NEW SET OF RULES WHICH ARE SIMILAR IN MANY WAYS TO THOSE ADOPTED BY THE U.S. CONGRESS: THE ACTION TAKEN BY CHINA MARKS A PHILOSOPHICAL VICTORY FOR THE U.S.-STYLE SYSTEM OF PUBLICLY AVAILABLE RATES AND REGULATORY OVERSIGHT OF THE CONTAINER SHIPPING MARKET... SIDEBARS: PROVISIONS ON MANAGING SHANGHAI SHIPPING EXCHANGE (SSEX) -- RULES FOR ENFORCEMENT OF FREIGHT RATE FILING SYSTEM FOR INTERNATIONAL CONTAINER LINER SERVICE MINISTRY OF COMMUNICATIONS OF THE PEOPLE'S REPUBLIC OF CHINA.