AMP China Lecture: China and the global economic order

In 2001, China entered the World Trade Organisation (WTO), a watershed in the history of globalisation. Fully integrating China into the global economy had profound consequences, both positive and disruptive. Domestically, Beijing applied WTO rules to promote far-reaching market-based economic reforms. Internationally, China’s strong export industry has led to the decline of old-line industries in advanced economies. Recently China has adopted a number of technological and economic policies and practices which will have new implications for international markets.