MANUEL ALBALADEJO Researcher, Centre for International Development, University of Oxford, UK WOOK CHAE Research Fellow, Korea Institute for International Economic Policy, Republic of Korea HONGYUL HAN Associate Professor, Department of Economics, Hanyang University, Republic of Korea SANJAYA LALL Professor, University of Oxford, UK RALPH A. LUKEN Senior Industrial Development Officer, UNIDO JULIO J. NOGUÉS Consultant, UNIDO SUPACHAI PANITCHPAKDI Director-General Designate of the WTO CASPER VAN DER TAK Consultant, UNIDO

By joining the WTO China hopes to legitimize its own brand of 'catch-up' industrialization with a view to recovering its lost status as a leading world economic power. For developing countries, China's WTO membership means the addition of a powerful voice that may help to level the playing field in their favour. However, many also harbour apprehensions as, in spite of its notable strides in high technology, China still relies heavily on labour intensive commodities. China in the WTO poses several important questions: What lessons can be learned from the negotiations leading to China's WTO entry? What will China's membership mean for the exports of emerging Asian economies? What implications will this have for the multilateral trading system? What is China's strategy in the fields of the environment and intellectual property rights? Including contributions from key players in the process, this book provides an authoritative assessment of these issues and the likely impact on the emerging Asian-Pacific economies.