Next year China is likely to surpass Japan to become the single largest source of the U.S. trade deficit. Administration officials attribute this to unfair Chinese trading practices and propose to use China’s desire to become a member of the World Trade Organization (WTO) as a lever to force far-reaching changes in China’s trade regime. This approach runs the risk that China, the world’s tenth-largest producer of export goods and the largest trading country in the world not already subject to the disciplines of the established international trading system, will elect to remain outside the WTO indefinitely. Provided by Eldis, a GDNet content partner | 
