Abstract
China has taken the world with a different angle; an angle that kept China mostly behind its
conservative mercantilist restrictions and access to foreign investors largely remained actively
initiated. Even though China was admitted to the World Trade Organization (WTO) in 2001, and
remained an observer to the General Agreement to Tariff and Trade (GATT), cost of receiving
membership meant extreme modifications to Chinese system of economy. Modifications that
required China to allow access and tariff concessions to global community and demanded
Chinese nationalist mercantilist designs to be affable to international standards. This however,
never meant that China would stop expanding, or at least take a recess from its economic
augmentation. WTO quickly saw China rise to a point where even though it remained compliant
to international economic norms, it still remained a formidable rebel to set patterns, tacitly
compelling WTO and other international economic forums to feel impractical, if not impotent.
Chinese economic investments, together with its dominance on international relations, has often
raised questions on its intentions into becoming a member of WTO. It is often miscalculated that
China intends to implode WTO from within by introducing a change in the international
economic system through sheer pressure or somehow, China is strategizing to manipulate WTO
as a nascent member in order to introduce another form of global competition against members
that are already in antagonism towards China
Umbreen Javaid, Muhammad Sharreh Qazi. (2016) Chinese Economic Challenges to the World Trade Organization: Separating Myth from Reality, South Asian Studies, Volume 31, Issue 1.
-
Views
939 -
Downloads
66