US takes a dig at China at a WTO meeting
- Says there are serious concerns with fundamental challenge posed by China's state-led, mercantilist approach to economy and trade
- Says China pursues non-market industrial policies and other unfair competitive practices aimed at restricting foreign companies
- Says China's approach is causing serious harm to the US and many other WTO members and their companies, workers
- Rejects the notion and criticism by some countries that US approach is seen as "unilateralist" and "protectionist"
- Says that reforms are necessary for the continued viability of the WTO and that US will be at the forefront of those efforts
Not exactly the conciliatory tones that we heard after the Trump-Xi meeting but this is the WTO and the US has always had reservations about the pact since Trump took over. In any case, it still shows that there is still plenty of things that both sides want each other to work on before we see an end to the trade war.
