CHINA: WTO Membership Will Boost Textile Exports
Speakers at a recent conference in Australia's Law School on "China and the World Trade Organisation" explained that China's WTO membership would bring net gains to its textile exports, particularly in the long term. The World Bank analysis found that China and its major trading partners should draw benefits from this membership while some competing countries would suffer small losses. The World Bank's model suggested that Chinese exports could increase dramatically after 2005, when textile quotas are abolished.
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