Global EditionASIA 中文双语Français
Business
Home / Business / Macro

Latest Chinese report reveals continued US disruption of global trade

Xinhua | Updated: 2024-09-12 20:59
Share
Share - WeChat

BEIJING - A report released Thursday by China's Ministry of Commerce expresses concerns over actions by the United States, such as disrupting the multilateral trading system, engaging in unilateral trade bullying, and manipulating industrial policies via the application of double standards.

The report, which evaluates US compliance with World Trade Organization (WTO) rules, is the latest in a series that began in August 2023.

Now, more than a year since the first issue was published, the United States continues to politicize and weaponize economic and trade issues, still engages in economic coercion, and persists in falsely accusing China of overcapacity, said a ministry official.

Under the pretext of de-risking, the United States has persevered in abusing tariff measures and escalating unilateral sanctions, thereby posing severe challenges to the multilateral trading system and seriously harming the common interests of WTO members, the official added.

The official expressed hope that the release of the latest report will pressure the United States to rectify its wrongdoings, fulfill its commitments, abide by the rules, and carry out its duties as a major member of the WTO.

Additionally, the United States should work with other members, including China, to strengthen the role of the multilateral trading system in global governance, the official said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE