China’s membership of the World Trade Organisation (WTO) requires it to open its doors to imports. And, yes, imports are certainly increasing into China.
But very selectively. Several months back Guangdong officials, for example, made a publicized big play about how customs would be streamlined so that importing would become much easier.
Yet the old order still rules with “special” licenses for heaps of products that can take weeks or even months for approvals.
Seems like China is still cheating the WTO rules