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Integrating China Into the Global Economy

Integrating China Into the Global Economy

Paperback

Economics

ISBN10: 0815751354
ISBN13: 9780815751359
Publisher: Brookings Institution Press
Published: Dec 1 2001
Pages: 244
Weight: 0.87
Height: 0.66 Width: 5.81 Depth: 9.32
Language: English

China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system?

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Economics