CAMBRIDGE: Yesterday, America joined Europe in agreeing on the principles of economic reform in China that will permit China to enter the World Trade Organization. This sets the stage for China's membership in the WTO by the end of 2000. China's addition to the WTO brings 1.3 billion people - more than one-fifth of humanity - formally into the mainstream of the international economy. This is an epochal change of direction for China's relations to the world that trace back to events five centuries ago.
CAMBRIDGE: Yesterday, America joined Europe in agreeing on the principles of economic reform in China that will permit China to enter the World Trade Organization. This sets the stage for China's membership in the WTO by the end of 2000. China's addition to the WTO brings 1.3 billion people - more than one-fifth of humanity - formally into the mainstream of the international economy. This is an epochal change of direction for China's relations to the world that trace back to events five centuries ago.