Mon, Dec 04, 2006 - Page 12 News List

World takes stock of China's entry into the WTO

AFP , BEIJING

"When you look at some of the cases against China, you do see very, very dramatic changes," said Cliff Stevenson, a British-based consultant.

"The industries on overseas markets suddenly find themselves with massive losses in market share. Sometimes that can be very disruptive," he said.

China's entry into the WTO has brought about monumental changes in global trade flows that will take a long time to absorb, Stevenson said.

The anti-dumping cases are part of a painful transition period as the world grapples with the one-off challenge of accommodating China's uniquely sized economy.

This story has been viewed 2168 times.
TOP top