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Contents: Preface 1. China's Economy After WTO Accession: An OverviewChunlai Chen PART I: ECONOMIC GROWTH AND GLOBALIZATION 2. China's ForeignTrade: Trend and Issues After WTO Accession Kunwang Li and Xiaosong Wang 3.Capital Stock Estimates by Region and Sector Yanrui Wu 4. The WTO andChina's Transparency Requirements Vivienne Bath 5. What Does a Free TradeArea of the Asia-Pacific Mean to China? Tingsong Jiang and Warwick McKibbinPART II: FOREIGN DIRECT INVESTMENT AND EXCHANGE RATE 6. Characteristics ofFDI Firms in China After WTO Accession Chunlai Chen 7. Foreign Banks inChina: Market Segmentation and Expanded Presence in the Post-WTO EnvironmentLilai Xu 8. The Impact of the RMB Revaluation on China and the World EconomyJames Xiaohe Zhang PART III: AGRICULTURAL TRADE AND ENERGY DEMAND 9. China'sGrain TRQs: Five Years Since WTO Accession Zhangyue Zhou and Xia Kang 10.The Impact of the ASEAN-China Free Trade Area on China's Economy and RegionalAgricultural Development Jun Yang, Huanguang Qiu and Chunlai Chen 11.Linking Economic Development with Demand for Energy: A DiscontinuousEstimation of Energy Demand Elasticity Ligang Song and Yu Sheng Index