ABSTRACT
The accession of the Peopleʼs Republic of China (hereafter: China) to the World Trade Organization (WTO) in 2001 was an important global event that has had a profound impact upon both China itself and on world trade. Chinaʼs WTO entry is the culmination of 15 long years of tough negotiations that started with Chinaʼs application for entry into the General Agreement on Tariffs and Trade (GATT). This was the predecessor of the WTO, nowadays the largest global organization that sets international trade rules and promotes the expansion of economic exchanges among nations (for further details refer to https://www.wto.org, site access 2004/04/23).
