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China finally entered the World Trade Organization (WTO) in 2001. The saga began in April 1999 when China shocked the world and the Chinese people by suddenly yielding to the demanding terms of the China-U.S. trade negotiations. China promised to open markets and drastically lower tariffs for a...
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Although negotiations regarding China's joining the World Trade Organization WTO are already in their final stages, the price that the developed countries are demanding for their approval for China's accession to the WTO seems to have been raised incessantly. In this final round of negotiations,...
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Globalization, or integration with the world economy via WTO membership, was expected to increase foriegn investment and benefit the labour intensive manufacturing sector in China. Yet, although foreign investment has been flowing into China and employment in the low-wage industries is...
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