China must step up to the plate on trade

China has been less than proactive in strengthening global trade governance, but it has the capacity and motive to make a real difference at the WTO.

There are reasons to quibble about how the invitation to China to become a responsible stakeholder in the international system might be interpreted, but Bob Zoellick’s intention when he framed it that way was clear and constructive. China was welcome to participate in managing the development of the rules as well as playing by rules set by others.

China has benefited enormously from the established global economic regime and, with all its frailties, it is a regime that still serves as the linchpin of a system that brings prosperity and stability to the world economy.

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