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Home Diplomacy

World Trade System Not Perfect, Needs Reform- China

Victor Gotevbe by Victor Gotevbe
September 14, 2018
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The current world trade system is not perfect and China supports reforms to it, including to the World Trade Organization, to make it fairer and more effective, Beijing’s top diplomat said.

China is locked in a bitter trade war with the United States and has vowed repeatedly to uphold the multilateral trading system and free trade, with the WTO at its center.

But speaking late on Thursday to reporters after meeting French Foreign Minister Jean-Yves Le Drian, Chinese State Councillor Wang Yi said some reforms could be good.

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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 added.

“At the same time, we do not believe that the current system is perfect and without flaws,” he said.

“China supports necessary reforms and perfection of the current system, including to the WTO, to make it fairer, more effective and more rational,” Wang added.

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Victor Gotevbe

Victor Gotevbe

Publisher/ Editor-in-Chief
Member, The National Press Club

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