Which industries seem to be least impacted by China going the WTO?
WTO membership opens up China’s market for more international trade and investment, and opens up the world economy for China’s exports.
But foreign intervention and others are concerned that the
competition of foreign imports and foreign enterprises in China
might destroy important domestic enterprises in China’s
agricultural, manufacturing and service sectors
Industries where substantial reductions in tariffs will be needed include textiles,clothing, electronics, light manufactures and automobile sector.
Extractive Industries are also least impacted.
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