China pushed back against claims of “overcapacity” and “economic coercion” at the WTO’s ninth trade policy review meeting. The delegation addressed concerns and highlighted recent reform initiatives, emphasizing China’s commitment to openness and high-quality development.
In response to criticisms, China defended its subsidy policies and market-driven success. They emphasized the global importance of their new energy sector and refuted claims of overcapacity. China also denied allegations of economic coercion, criticizing members for restrictive measures.
The delegation openly discussed various trade and policy issues, providing detailed explanations and future plans. Representatives from 71 members praised China’s reforms and contributions to the WTO, expressing a desire for closer economic ties and cooperation for global economic recovery.
\
[ad_2]
Source link