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Beijing is in the triumphant rapture. After fifteen years of protracted negotiations, China legally became a member of the World Trade Organization (WTO) on December 11, 2001. Beijing is also victorious because the International Olympic Committee (IOC) has chosen it to host the 2008 Summer Olympic Games, a dream-come-true achieved only after painstaking effort and perseverance. The Chinese, who make up nearly onefourth of the world's population, are ready to put their wisdom, strength, and character to the ultimate test in the coming years.2 American lawyers are by no means strangers to China. Their wisdom was relied upon in the founding of the National Council for U.S.China Trade, Inc. (the predecessor of the U.S.China Business Council), the first non-governmental organization to promote trade relations with China.' It opened its first office in China in October 1973, at the Dong Fang Hotel in Guangzhou, to provide aid to Americans attending the so-called "Canton Fair."4 All this happened even before China's own system of lawyers reemerged in 1980.5 Given the current jubilation in China over the accession to

Piercing the Veil of China's Legal Market; Will GATS Make China More Accessible for U.S. Law Firms?