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Five years of China in WTO: an assessment

By: Material type: TextTextPublication details: New Delhi; ISID; 2007Description: 32 pSubject(s): DDC classification:
  • 338.88 BHA
Summary: China joined the World Trade Organization (WTO) towards the end of 2001 after 15 years of hard bargained negotiations. It also coincided with the launching of the Doha Round Trade negotiations. Joining the WTO, China made a large number of commitments to be accomplished within five years. Some of these commitments have a far reaching impact on the global trading system as well as on the Chinese economy itself. The issues such as China's participation in the WTO dispute settlement mechanism and Doha Round Trade negotiations were critical in shaping the overall destiny of the WTO. The rapid growth of China's external trade did make an impact on world trade. The WTO membership helped China to spearhead further economic reform to move towards a market economy. The paper assesses China's accomplishment in fulfilling the commitments and describes its role in the WTO,
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China joined the World Trade Organization (WTO) towards the end of 2001 after 15 years of hard bargained negotiations. It also coincided with the launching of the Doha Round Trade negotiations. Joining the WTO, China made a large number of commitments to be accomplished within five years. Some of these commitments have a far reaching impact on the global trading system as well as on the Chinese economy itself. The issues such as China's participation in the WTO dispute settlement mechanism and Doha Round Trade negotiations were critical in shaping the overall destiny of the WTO. The rapid growth of China's external trade did make an impact on world trade. The WTO membership helped China to spearhead further economic reform to move towards a market economy. The paper assesses China's accomplishment in fulfilling the commitments and describes its role in the WTO,

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