Seminar paper from the year 2002 in the subject Environmental Sciences, grade: B+ oder 87%, César Ritz Colleges (Environmental Department), 11 entries in the bibliography, language: English, abstract: On the 11 December 2001 China became a full member of the World Trade Organisation(WTO). It was the final step in a long chain of events, which ...

Seminar paper from the year 2002 in the subject Environmental Sciences, grade: B+ oder 87%, César Ritz Colleges (Environmental Department), language: English, abstract: On the 11 December 2001 China became a full member of the World Trade Organisation(WTO). It was the final step in a long chain of events, which preceded the full membership ofthe communistic country. As China is the second biggest trading power in the world with a GDPof US$ 4.5 trillion, it could no longer be ignored by the western countries, and more and moreother nations, especially in Europe, increased their bilateral relations with China. This country inthe Far East has not only one of the oldest cultures in the world, but has also one of the biggestand most profitable markets to become accessible for western companies. With a population of1.4 billion people China has also the highest population on this planet. Its main economic factorsare agriculture (rice, soja), natural resources (coal, gold, oil) and industry (garment, metal). Buttourism is playing a more and more important role for this country. With the granting of theOlympic Games 2008 in Beijing, the Chinese government expects a major boost in thehospitality sector over the next 10 years. [...]