And China's WTO entry is unlikely to reduce the number of regulations.
BBC: Coffin-maker resurrects tradition
Foreign brands remained dominant at the time of China's WTO entry.
ECONOMIST: China��s economy and the WTO
Foreigners already control so much of the handset market that WTO entry isn't likely to cause new losses to China's domestic manufacturers.
CNN: Cyborgs and Biochips
Thanks to the WTO, foreign firms are no longer required to hand over technology in exchange for entry to China's market.
U.S. officials see a China motivated by a desire for a smooth leadership transition and more global interaction and prestige tied to its WTO entry and the coming 2008 Olympic Games in Beijing.
CNN: Wide range of issues face Bush in Asia
WTO's 135 members, notably the European Union, have yet to agree entry terms with China, and America's Congress has to endorse the deal.
ECONOMIST: The remaining hurdles
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