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It's predicted that China's entry into the WTO will result in $56 billion a year being pumped into the economies of China and its major trading partners. However, for the financial benefits of China's WTO membership to be realized, the country will need to carry out promised reforms such as eliminating caps on foreign ownership of companies, publicizing its laws and agreeing to submit its trade disputes to the organization.
December 13, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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