>>9228455 LB
Don't you People understand its not just the WHO…A Lot Moar Involved…Pay Attention…
what country started the WTO…. And which president ….Allowed China to become a member….IF memory serves….As Q said Look here Not there
What Happened When China Joined the WTO?
The United States thought it was directing the show when China acceded to the World Trade Organization. Instead, China wrote its own script.
In the spring of 2000, China was trying to become a member of the World Trade Organization (WTO). The U.S. House of Representatives had just approved normalizing trade relations with China. The vote was effectively a U.S. endorsement of China’s accession, and President Bill Clinton, a major proponent of China’s bid, voiced his economic and strategic hopes for the U.S.-China relationship.
The WTO is the global trade rule-setting institution. It has 164 members as of 2019, and all decisions are made unanimously. It promotes freer trade by requiring all members to adhere to certain principles, emphasizing low and predictable trade barriers. In exchange, members are guaranteed better deals with other WTO member countries.
China wanted to join the WTO because it would allow China access to new trading partners and better rates with current ones, raising prospects for improved living standards domestically and giving China a seat at the table in a globalizing world.
The United States wanted something, too: for China to get on board with a U.S.-led, liberal-democratic order and move away from its communist model. But that's not quite what happened.
https://world101.cfr.org/global-era-issues/trade/what-happened-when-china-joined-wto