Unlike its predecessor, whichhad weak arbitration panels whoserulings could be easily blocked by the losingcountry, the tradeorganizationhashadpowerfultribunalssince 1995.
The keys to keeping them valuable are permanent normal trade status and admission of China into the World TradeOrganization, whose cumbersome procedures can keep the American market wide open.
It needs to create new jobs for the millions employed in state-owned enterprises and the farming sector whose jobs will become redundant after China joins the World TradeOrganization.