Five Years After Joining the WTO,China’s Economic Frenzy Continues
“Karaoke” and the massive collection of trade agreements known as the “WTO” (World Trade Organization) are the two foreign words most widely recognized by the Chinese people,according to Yajun “James” Lu,former section chief in the WTO Department in China’s ministry of commerce.“There has been a huge nationwide campaign to publicize the WTO,” Lu said during a discussion of China’s post-WTO economy and its commercial relationship with the United States.“One major Chinese university offers a PhD on WTO.”