Conclusions: Opening the Gate to the World Economy

Michael Webber, Mark Wang and Zhu Ying

Chapter 11 in China’s Transition to a Global Economy, 2002, pp 226-243 from Palgrave Macmillan

Abstract: Abstract As we write this last chapter (early 2002), the World Trade Organisation has just voted to accept China into the Organisation and China has signed the document of accession. Early in December 2001, China formally joined the WTO. After nearly a quarter of a century of approaching the global economy, China has arrived at the gate that marks entry to the global economic club of nations. That gate is about to the opened and China — its governments, peoples and enterprises — will be subject to new and more powerful external forces for change. The central question for China concerns the degree to which these new forces will constrain or modify local action.

Keywords: Foreign Direct Investment; Central Government; World Economy; World Trade Organisation; Global Economy (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-1860-4_11

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DOI: 10.1057/9781403918604_11

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