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Conclusions: Opening the Gate to the World Economy

In: China’s Transition to a Global Economy

Author

Listed:
  • Michael Webber
  • Mark Wang
  • Zhu Ying

Abstract

As we write this last chapter (early 2002), the World Trade Organisation has just voted to accept China into the Organisation and China has signed the document of accession. Early in December 2001, China formally joined the WTO. After nearly a quarter of a century of approaching the global economy, China has arrived at the gate that marks entry to the global economic club of nations. That gate is about to the opened and China — its governments, peoples and enterprises — will be subject to new and more powerful external forces for change. The central question for China concerns the degree to which these new forces will constrain or modify local action.

Suggested Citation

  • Michael Webber & Mark Wang & Zhu Ying, 2002. "Conclusions: Opening the Gate to the World Economy," Palgrave Macmillan Books, in: Michael Webber & Mark Wang & Zhu Ying (ed.), China’s Transition to a Global Economy, chapter 11, pages 226-243, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-1860-4_11
    DOI: 10.1057/9781403918604_11
    as

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