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China Reaches WTO Milestone, Or Is It Millstone?

This Sunday marks the 15-year anniversary of China’s entry into the World Trade Organization, a milestone originally anticipated to mark the communist-ruled country’s rise as a market economy. Beijing sees the date as the moment where it will become a market economy by default, as provisions in its accession agreement to the trade body will no longer apply.  But the European Union, United States and other countries do not agree. Japan and India are unlikely to immediately adopt...

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