China and the World Trade Organization

China became a member of the World Trade Organization (WTO) on 11 December 2001, after the agreement of the Ministerial Conference of the WTO. The admission was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy. Its membership has been contentious, with substantial economic and political effects on other countries (sometimes referred to as the China shock) and controversies over the mismatch between the WTO framework and China's economic model.

Source: Wikipedia — China and the World Trade Organization (CC BY-SA 4.0)

China and the World Trade Organization

China became a member of the World Trade Organization (WTO) on 11 December 2001, after the agreement of the Ministerial Conference of the WTO. The admission was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy. Its membership has been contentious, with substantial economic and political effects on other countries (sometimes referred to as the China shock) and controversies over the mismatch between the WTO framework and China's economic model.

Source: Wikipedia "China and the World Trade Organization" · CC BY-SA 4.0

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