How should developing countries like China and India deal with the WTO challenge?
Zhao Qingmao: China and India are large countries and both have the task of developing their economies. China is trying to enter the WTO and if China enters, many issues will arise that it will have to deal with. The developed countries have set down many of the norms of WTO. Now when China enters the WTO and its opinion is asked on any new policy, both China and India can consult and then give their opinion. Thus developing countries will have a bigger voice in the WTO. Firstly, the biggest challenge that faces China is that many laws have already been laid down by the WTO. The laws of China may not conform to all these WTO laws. Therefore China will have to correct this quickly and this is a big job and challenge facing China. Secondly, these laws have to be advocated to the Chinese companies and they have to be educated. This again is a big challenge because the companies will not be able to export if they dont know the new laws and standards. The third challenge faced by China is t
