“What we are seeing is the emergence of a new power pole,” said Joe Guinan, a trade expert with the German Marshall Fund, a public policy group. He said that was finally being felt at the World Trade Organization. “They have begun to throw their weight around — and this is a glimpse of the future.”
The discussions in Geneva have confirmed that the balance of power in global trade has shifted irrevocably with the rise of China.
“A lot of the reticence we have seen from Brazil or Argentina in nonagricultural market access is driven not by fear of the U.S. and the E.U. but by fear of being swamped by China,” Mr. Guinan said.
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