Open AccessChina’s accession to the WTO: Challenges ahead
Author(s) -
Philippe G. Nell
Publication year - 2016
Publication title -
global europe - basel papers on europe in a global perspective
Language(s) - English
Resource type - Journals
ISSN - 2571-8118
DOI - 10.24437/global_europe.v0i63.134
Subject(s) - accession , china , negotiation , context (archaeology) , political science , international trade , world trade , chinese economy , business , economy , economics , european union , geography , law , archaeology
China’s accession to the WTO has broad implications for China, its neighbours and the rest of the world. China confirms thereby the irreversible character of economic reforms launched in 1978 and the willingness to pursue the transition from a planned to a market economy. This paper reviews first briefly the major aspects of China’s accession to the WTO, presents then some of the key negotiating results in their own context and addresses finally China’s implementation of WTO obligations during its first year. The conclusions look ahead toward China’s further integration in the world economy and need for sweeping domestic reforms.