‘Flawed’, but China wants to see trade re­forms

The Citizen (Gauteng) - - WORLD -

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

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