WTO entry is critical to China's stability...

Article Abstract:

China is bent on making it to the membership roster of the World Trade Organization (WTO) before the 21st century as this will prove critical to the country's future. A primary motivation for China in gaining entry to the WTO is avoiding a financial crisis, similar to what took place in Indonesia. This move gains more significance considering that bad debts hobble the corporate sector of China due to the government's inefficient policies. For the world economic order, the approval of China's WTO application will stabilize its economy as well as the global financial system.

Foreign trade, Intnl Economic Policy, Economic policy, Membership, Free trade

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The post-WTO march in China is the one to watch

Article Abstract:

China's entry into the World Trade Organization will require it to implement numerous economic reforms. Some of the trade liberalization requirements include a reduction in industrial and agricultural tariffs, an increased flexibility in exchange rates, and wide-ranging reforms of its financial markets.

Trade Relations, International trade, Column, International relations, Chinese foreign relations, Trade policy

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