China has been a World Trade Organization (WTO) member for almost thirteen years. The titanic battles over its admission to the globe’s leading international economic organization have long passed. While some were anxious about China’s WTO accession, many were exuberant. They foresaw new markets for the goods they manufactured outside and inside China, new opportunities to invest in China’s automobile, banking, insurance, telecommunications, and wholesaling sectors, and better protection of their intellectual property (IP).
