China and the World Trade Organization - Wikipedia
China became a member of the World Trade Organization (WTO) on 11 December 2001,[1] after the agreement of the Ministerial Conference.[2] The admission of China to the WTO was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy. China's membership in the WTO has been contentious, with substantial economic and political effects on other countries (some times referred to as the China shock), and controversies over the mismatch between the WTO framework and China's economic model.[3][4] Assessing and enforcing compliance has become issues in China-US trade relations,[5] including how China's noncompliance creates benefits for its own economy.[6] Until the 1970s, China’s economy was managed by the communist government and was kept closed from other economies. Together with political reforms, China in the early 1980s began to open its economy and signed a number of regional trade agreements. China gained observer status with GATT and from 19
China and the World Trade Organization - Wikipedia Jump to content From Wikipedia, the free encyclopedia Chinese participation in the WTO Politics of China Leadership Leadership generations Succession of power Hu–Wen Administration (2002 – 2012) Xi–Li Administration (2012 – 2017) Xi's general secretaryship (since 2012) 4th Leadership Core : Xi Jinping 20th Party Politburo : Xi Jinping 14th State Council : Li Qiang Current state leaders Current provincial leaders Party and state leaders Orders of precedence Paramount leader : Xi Jinping First lady : Peng Liyuan Communist Party leader : Xi Jinpi
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