Dec 11, 2019
China marks 18 years of membership in the World Trade Organization (WTO) on Wednesday. Last year, China contributed about 30 percent of the world’s GDP. Beijing’s participation in the WTO has also brought a surging increase in the service sector across all industries, as well as international travelers. The anniversary follows the Chinese foreign ministry’s condemnation of the U.S. for obstructing the appointment of WTO appellate judges. Terms of two of the three remaining judges expired on Tuesday and the U.S. has blocked the nomination of new ones.