‘Flawed’, but China wants to see trade reforms
Beijing – The current world trade system is not perfect and China supports reforms to it, including to the World Trade Organisation, to make it fairer and more effective, Beijing’s top diplomat said.
China is locked in a bitter trade war with the US and has vowed repeatedly to uphold the multilateral trading system and free trade, with the WTO at its centre.
But speaking to reporters after meeting French Foreign Minister Jean-Yves Le Drian, Chinese State Councillor Wang Yi said some reforms could be good.
While certain doubts have been raised about the current international trading system, China has always supported the protection of free trade and believes that multilateralism with the WTO at its core should be strengthened, Wang saidd.
“At the same time, we do not believe that the current system is perfect and without flaws,” he said. – Reuters