The Economy of China after Its Entering into WTO
Pang Jin-ju
Abstract
Pang Jin-ju
Abstract
This paper presents how the economy of China operates after China has entered into WTO, analyzes what influence WTO has on the economy of China, and predicts the trend of China's economic growth. The paper argues that in the short run the effect of China's entering into WTO on its economy is rather positive than negative; in the long run, provided that there is no sudden decline in the recovering of global economy and as long as China keeps its macroeconomic policies and adjust the policies properly, the economy of China will keep growing.
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This paper presents how the economy of China operates after China has entered into WTO, analyzes what influence WTO has on the economy of China, and predicts the trend of China's economic growth. The paper argues that in the short run the effect of China's entering into WTO on its economy is rather positive than negative; in the long run, provided that there is no sudden decline in the recovering of global economy and as long as China keeps its macroeconomic policies and adjust the policies properly, the economy of China will keep growing.
Key concepts: China, Chinese economy, Economics, World economy, Economy, International trade, International economics, Political science