Foreign importers and WTO

An analysis of the impact of China''s WTO accession on foreign importers and retailers.

SMEs in the Hong Kong SAR should be the first to benefit from China's accession to the WTO because of their indisputable strength in China-HK cross-border trading and logistic services. However, we should not be relying too much on export business, as it is not going to be optimistic given the slow recovery in the World economy.

In fact, China's major trade partners are not expecting to buy more products from China. Rather, they are eagerly looking for selling more of their products to China when its trade barriers are removed after the WTO accession. Further, it is really difficult to find any developing country that has a comparable size of population and a...

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