What Will Happen If China Enters WTO?

Every Chinese is looking forward to China"s entry into WTO, widely seen as a blessing and a promise of prosperity. It seems to be so at first sight, however, on reflection, we"re convinced that it"s just another coin with two sides.



　　On the one hand, both the nation and people will benefit greatly from China"s entry into WTO. Shut out of WTO, China Dused to be deprived of equal trade opportunities and was placed at a distinct disadvantage in world trade. This situation will change if China enters WTO. In addition, foreign coMPAnies will stream into China and offer great job opportunities, which, in a sense, will relieve the unemployment problem.



　　On the other hand, the entry will impose some negative effects on China. State-owned enterprises in China are undergoing great difficulties, which will be more acute with the flow of foreign competitors into China.



　　In short, excited about the advantages caused by the entry, we should not lose sight of the severe challenges posed by it.

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