Volume 2
China's relationship with the WTO

Memmen

University of Oldenburg, Juritisches Seminar International trade is characterised by diverging interests of the participating economic areas, states and economic entities. The WTO endeavours to eliminate these conflicts of interest so that all participants in world trade have equal opportunities to compete.
The aim of this paper is to examine the relationship between the People's Republic of China (PRC) and the World Trade Organisation (WTO).
The People's Republic of China is the most populous country in the world with approximately 1.2 billion inhabitants. Today, China has the third largest economy and is the tenth largest trading nation in the world. The People's Republic has not yet joined the WTO. China's relationship with the World Trade Organisation will determine the direction in which world trade will move in the future. In other words, will there be free trade within the WTO, with as many countries as possible as members of this organisation, or will a completely new situation arise in which all countries trade alone or in an economic alliance against all others? China's relationship with the WTO will be able to develop in a positive direction above all if China joins the WTO. For this reason, this work will examine China's relationship with the World Trade Organisation using the example of the accession negotiations.
The book also examines the chances of China's accession to the WTO and the associated effects on international trade.

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