The socialist market economy with Chinese characteristics has turned into a systemic trade and investment issue both bilaterally and multilaterally. The hope that WTO membership would eventually transform China into a market economy with distortions that would gradually become tolerable and...

It is China’s intention to draw level with world standards in crucial areas of production, services and infrastructure by the end of the twentieth century. The Chinese development objectives are creating an interest in close cooperation with the Western industrialized nations wishing to...