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Home arrow Home arrow Chinas formal induction into the World Trade Organization (WTO)
Chinas formal induction into the World Trade Organization (WTO)
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Friday, 21 December 2001
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"The days are dying out when some people got upper hands over others by engaging in a lopsided work, fawning on the authority or fishing in troubled water. " The competition in the world market will become more vehement....To put all this in a nutshell, Chinas entry into the WTO has proved that both China and its foreign-counterparts are winners. "However, they are not equally shared out for everybody. Whoever hags and sticks to the old without thinking of going in for something new and whoever holds the broken and debris by remaining where they are for death will be able to go nowhere."

The Chinese Peoples Daily Newspaper, commenting on Chinas formal induction into the World Trade Organization (WTO) earlier this week. The translation is taken from the newspapers web site.
 
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