China Facts - The economic impact of joining WTO in 2001


China facts, China's accession to the WTO caused a big shock. By 2013 it had captured one-fifth of all manufactorng exports World-wide, compared with a share of only 2% in 1991. After China joined WTO, its current account surplus widened from an average of around 2% of GDP in the 1990's to about 5% in the following decade*).   



*) the Economist 1st october 2016






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Hans Henrik Pontoppidan
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