China’s accession to the World Trade Organization (WTO) in 2001 came after lengthy negotiations. A key clause in China’s agreement for joining the World Trade Organization (WTO) expired on Sunday and Beijing’s hopes of being upgraded to market economic system status have been overshadowed as a variety of major Chinese export markets usually are not honoring their WTO promises to Beijing.
China faces a protracted legal battle at the WTO in opposition to its trade partners to be able to get market economic system status which would make it tougher for other international locations to launch anti-dumping circumstances in opposition …