Services represent just under 50% of gross domestic product in China compared with 63% in Russia, 70% in Brazil, and 52% in India. China could rebalance export oriented growth if it adopts a more open and transparent services economy.
About Linda Schmid
Linda Schmid is the Principal of Trade in Services International. She previously served as the World Trade Organization (WTO) Component Leader of the USAID Investment Climate Improvement Project in the West Bank. She acted as the Trade in Services Officer, International Trade Centre in Geneva. She is a contributing author to "International Trade in Services: New Trends and Opportunities for Developing Countries" (World Bank 2010) as well as "Managing the Challenges of WTO Participation" (Cambridge University Press 2005).
Entries by Linda Schmid
Members of the World Trade Organization (WTO) negotiated the 2014 Trade Facilitation Agreement (TFA) to expedite “the movement, release and clearance of goods, including goods in transit.”