Pros and Cons

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China's membership of the World Trade Organisation (WTO) has more disadvantages than advantages for Hong Kong
For	Against
WTO membership is bad for the labour movement internationally Hong Kong businesses in China will face increasing competition from multinationals as well as from the Mainland's own developing indigenous business sector WTO membership is bad for the environment Hong Kong businesses in China will enjoy less flexibility and special privileges	the liberalization of market access resulting from China's WTO entry will benefit many services sectors which are currently heavily regulated in the country there will be market expansion opportunities for many business sectors, especially for trade in goods and services after China's accession to the WTO

Hong Kong businesses in China will face increasing competition from multinationals as well as from the Mainland's own developing indigenous business sector
For	Against
market liberalization resulting from China's admission to the WTO will bring in more outside players to the already developing market

WTO membership is bad for the environment
For	Against
China's environment affects Hong Kong

China's environment affects Hong Kong
For	Against
	experts have estimated that most of Hong Kong's acid rain comes from Hong Kong

Hong Kong businesses in China will enjoy less flexibility and special privileges
For	Against
WTO entry signals the Mainland's move to a more rule-based system, viz. an end to the old way of relying on flexibility and on things to "work themselves out"

there will be market expansion opportunities for many business sectors, especially for trade in goods and services after China's accession to the WTO
For	Against
total volume of Hong Kong's entrepot trade and offshore trade and demand for import and export trade related services will increase along with the trade growth