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The process of China’s accession to the World Trade Organization (WTO) is considered to be one of the toughest challenges faced by any country. Denied the status of a developing economy because of pressure from the US, the European Union and Japan, it has had to make commitments to cut...
Persistent link: https://www.econbiz.de/10011135661
The paper examines the policies and the structural adjustments went through in China to integrate the textiles sector with world trading system. Entry into WTO secured more opportunities for export growth and increased employment at home. The sector has witnessed many challenges in terms of...
Persistent link: https://www.econbiz.de/10010575157