THE recent Annual General Meeting (AGM) of the World Bank and the IMF belonged to China, or at least that was the intention. China planned to use the first major international event in Hong Kong since the transfer of power to boost its case for membership of the World Trade Organisation (WTO). The Chinese leaders, who made their first visit to Hong Kong since the handover, also wanted to show themselves as responsible members of the international community, keeping to their commitments to the territory, respecting the principle of "one country, two systems".