Despite a widely-held view that China will shortly enter the World Trade Organisation (WTO), the European Union’s Trade Commissioner, Pascal Lamy, has declared that China will only be allowed into the World Trade Organisation once it can offer an “explicit commitment” to opening up its service sector, but it does not seem to be in any hurry to do so.China had been expected to join the WTO early this year, but a series of differences with the European Union, Mexico and the United States are delay…
