China Economic Quarterly

China Economic Quarterly

March 2000

Life After The WTO Honeymoon: Theory and Practice

As legal texts, the Agreement and Protocol which will form the basis for China’s accession to the World Trade Organization later this year, will be commendable.The United States bilateral negotiations with China, concluded on November 15, outdid most business-peoples’ expectations. For the first time, China has agreed to lay down in black and white trade principles and market opening schedules that are characteristic of an open economy. But will the deal stick? CEQ examines the question of China’s implementation of its WTO commitments.

Also in this issue:

  • Automotive: auto-makers kid themselves the worst is over

  • The economics of guanxi

  • Deflation: time to change the medicine

  • Monkey King: Mike Ricks

Tomas Wiik1997-01