Speaking to both houses of the U.S. Congress, the then US president promoted China’s accession to the World Trade Organization (WTO). The world would no longer be the same, he promised. The world’s most populous country would open its markets. And the US, with its wheat and corn, Hollywood movies, Fords and GMs, would be at the forefront. With more free trade, there would also be a freer China, Clinton said confidently. But things turned out differently.
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