ABSTRACT

China joined the WTO at the end of 2001. How does this impact upon economic development in China? This will prove an important issue. In addition to the impact of specific issues such as WTO regulations and the conditions for joining GATT, the central issue remains the impact of globalization on economic development. That is, if underdeveloped countries such as China participate in the process of globalization, will it be advantageous to their economic development? Thus, before addressing the impact of China joining the WTO, we must discuss the impact of globalization.