The agenda for the developed countries has been quite well established, like dealing with agriculture, with textiles, and with antidumping procedures. Developing countries need a handicap, just as if they were playing golf. Fifth, no linkage between trade and social issues. We have agreed at least informally from our meetings among trade ministers at Davos that WTO ministers should be presenting the text for Qatar by July. We should have China in before April.
Chinese apples are cheaper than our own mangos.
In terms of economic power in Asia, there will be a more balanced economic equation between Japan, China, and hopefully India. That helped very much and established China as a major economic power. China may have to start thinking about having more flexibility in its exchange rate. Economic power will be tilting toward China. They will be competing head-on with Chinese products in the U. S. and Europe.