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[PEN-L:7697] Re: Re: Re: Re: Re: Re: China, WTO & Excess Capacity



It is my understanding that the main reason the Chinese leadership wants
to join the WTO is to end their yearly struggle with the US over MFN
status.  All members of the WTO automatically get MFN status.  Plus there
is a dispute resolution mechanism that they hope will reduce direct US
leverage/pressure.

Marty Hart-Landsberg

On Fri, 4 Jun 1999, Doug Henwood wrote:

> Henry C.K. Liu wrote:
>
> >False expectations.
> >
> >Bill Rosenberg wrote:
> >
> >> Maybe a naive question but...
> >>
> >> Can someone explain to me why countries like China and Vietnam want
> >> to be in organisations like the WTO and APEC?
>
> My guess is that the ruling classes of these countries want to join the
> world bourgeoisie.
>
> Doug
>



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