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Meanwhile, no-one can afford not to play. Countries such as China, which has a strongly centralised and nationalistic political culture, and a strong fear of both internal chaos and external interference, nevertheless greeted its belated acceptance into the WTO in December 2001 as a major milestone of national development. China’s own size, dynamism and specificity will inevitably have ‘feedback’ effects on the globalised economy further down the track – influencing as much as it is influenced. The same is true for India.