China's entry to the WTO

The paper predicts two possible outcomes of China's accession to the WTO. I f this stimulates the initiation of a real constitutional negotiation among different interest groups in China, then China's WTO membership will benef it China as a whole in a profound way. If the ruling party can successfully block the initiation of the constitutional negotiation and carry out a new dual track approach in implementing WTO game rules, then China as a whole may suffer from its WTO membership. The dual track approach may exacerbate inefficient inequality of income distribution, further institutionalise sta te opportunism and corruption, lower moral standards, and increase social t ension that destabilizes China's political system. (C) 2001 Elsevier Scienc e Inc. All rights reserved.