China and Regional Integration

Richard Pomfret

Chapter 2 in China and the World Economy, 2010, pp 19-36 from Palgrave Macmillan

Abstract: Abstract China’s accession to the World Trade Organization in 2001 signalled an important milestone for the multilateral trading system. China’s share of world trade had increased greatly since the country’s adoption of an ‘open-door policy’ in 1978–9.1 Incorporating China into the WTO system was a major step forward for the rules-based multilateral trading system whose cornerstone is the unconditional most-favoured nation principle, that is, the commitment to treat all trading partners equally.

Keywords: Trade Agreement; Asian Crisis; Central Asian Country; ASEAN Member; Kyrgyz Republic (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-05986-4_2

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DOI: 10.1057/9781137059864_2

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