China's WTO Membership Could Spark Global Trade Disputes and Legal Battles
The article discusses how China's entry into the WTO could be challenging due to differences in legal systems and economic practices. The concept of market access has evolved to include more than just border barriers, making negotiations complex. China's nontransparent economy may clash with the WTO's legal system, hindering consensus and North-South agreements. The author suggests a new transition mechanism with flexible deadlines for liberalization commitments to ease China's entry into the WTO.