Here is a nice article on China & WTO. We have all heard Deng Xiaoping's memorable quote, "It doesn't matter whether the cat is black or white, so long as it catches mice". He would certainly have to eat these words in the current scenario..
China, as a country has always fascinated me and if you notice, its one of those topics that also polarises people. Either they go ga-ga over the progress and development in China over India, or they are extremely critical of the cost under which development has happenned in China and human rights violations that gets under reported in that country. I have had the fortune of listening to both sides of the argument. While I have not personally visited the country, I tend to agree and believe Dr. Guy Sorman whom I have heard on more than one occasion and on various topics. He is an extremely articulate and insightful economist and gave an excellent talk on How the West views China vis a vis India.. Among many other points he raised, he finally said that personally he was more happy with India's Hindu growth rate than China's, which he called extremely unsustainable. He elaborated with many examples and I will probably post on it, separately. Meanwhile, I just wanted readers to check out this article by D Ravi Kanth.