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China’s Accession to the WTO

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  • Kirrane, Chris

Abstract

After fifteen years of unsuccessful attempts, China, whose foreign trade accounts for 7% of world trade, has just returned to the World Trade Organization (WTO). The concessions it has made affect all of its economic sectors. While the impact of membership is likely to have long-term positive effects, the short-term adjustment cost may be high for the Chinese economy and society. Politically, however, entry into the WTO can accelerate the reforms undertaken in the country, and there is every reason to believe that China no longer has any interest in going back.

Suggested Citation

  • Kirrane, Chris, 2001. "China’s Accession to the WTO," MPRA Paper 93536, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:93536
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    File URL: https://mpra.ub.uni-muenchen.de/93536/1/MPRA_paper_93536.pdf
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    References listed on IDEAS

    as
    1. Gary Clyde Hufbauer & Daniel H. Rosen, 2000. "American Access to China's Marketplace: The Congressional Vote on PNTR," Policy Briefs PB00-3, Peterson Institute for International Economics.
    2. Françoise Lemoine, 2000. "Why China Wants to Join the WTO?," La Lettre du CEPII, CEPII research center, issue 189.
    3. Daniel H. Rosen, 1999. "China and the World Trade Organization: An Economic Balance Sheet," Policy Briefs PB99-06, Peterson Institute for International Economics.
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    More about this item

    Keywords

    China WTO;

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F6 - International Economics - - Economic Impacts of Globalization

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