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Diane Publishing Books
China’s Trade Opening: Implications for Regional Stability
Howard M. Krawitz (au)
China’s entry into the WTO could have a decisive impact on that country’s long-term develop. as well as on its relations with Asian neighbors and the U.S. A best-case scenario posits a China confident of its role in the region, valuing stability and prosperity. Prospects would be good for mutually beneficial U.S.-China relations and for Chinese social and political reforms. A strong, stable China is likely to cooperate with Asian neighbors to maintain regional peace and stability. A worst-case scenario has Beijing failing at sustainable reform and finding itself hard-pressed to manage resulting econ. and social ills and civil unrest. Internationally, China could become mired in a downward spiral of cheating, trade disputes, sanctions, and retaliation.
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