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America’s is the biggest economy and China’s is the most populous nation, in terms of sheer number of people. To conjoin these two great international forces in a more complete way than the previous, bilateral agreements have would be of immeasurable value to both countries. Just in the past two weeks, China and the United States concluded their much-anticipated bilateral trade agreement, which paves the way for China’s accession intro the WTO. Concurrently, the United States has some domestic issues to resolve regarding its trade relationship with China before China can become a universally accepted member. The organ that embodies this global trading order is of course the World Trade Organization, or WTO.
China accounts for 20 percent of the entire world’s population. These statistics are staggering. China’s youth is essential to the world and will extremely affect how the entire earth will progress over the next 100 years. The progression of the Chinese people, from childhood to adulthood, is necessary in understanding how the world will change in the future. Determination, taught through the coming of age process, is what propels China to be the world’s largest economy.
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