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WTO – Page 3 – XtremeCuztoms

Tag: WTO

20 Years of China in WTO: Win or Lose?; Lily Tang Williams: Survivor of Mao’s Cultural Revolution

What was living in China like during the Cultural Revolution as a young girl? I caught up with Lily Tang Williams, who grew up during the 10-year Cultural Revolution in China. She now speaks across the country warning the American people about the horrors of communism, including about some of the same tactics used in…


Chronic Violations: China’s 20 Years in WTO Has Done Little to Curb Its Trade Abuses, Experts Say

Beijing’s refusal to abide by the letter and spirit of its World Trade Organization (WTO) membership in the two decades since its admission to that body call for a shift in strategy on the part of countries that respect and seek to enforce the rules, experts said. China first joined the WTO on Dec. 11,…


20 Years After Joining WTO, China Still ‘Far Away’ From Meeting Commitments: Experts

Beijing’s refusal to abide by the letter and spirit of its World Trade Organization (WTO) membership in the two decades since its admission to that body call for a shift in strategy on the part of countries that respect and seek to enforce the rules, experts said. China first joined the WTO on Dec. 11,…


Reforming Global Trade Rules Is Tough but Doable: WTO Chief

GENEVA—The head of the World Trade Organization stressed the importance of reforming the global trade body to prevent further trade wars but warned it would be “very tough” amid high geopolitical tensions. The 27-year-old global trade body, under pressure to prove its relevance, was due to have held a major ministerial meeting this week and…


WTO Seeks Deals in Early 2022 Despite Postponing Major Meeting

GENEVA—The World Trade Organization should be able to wrap up negotiations on fishing subsidies and a response to the COVID-19 pandemic early in 2022 even after postponing its ministerial meeting this week, its director-general said on Tuesday. Ngozi Okonjo-Iweala, addressing a briefing on the day its ministerial conference (MC12) was due to start, said the…


WTO Postpones Major Meeting After New Variant Outbreak

GENEVA—The World Trade Organization (WTO) became the first major diplomatic casualty of the new coronavirus variant on Friday when it postponed its first ministerial meeting in four years due to the deteriorating health situation. Ministers from WTO members were due to have gathered next week for a meeting widely seen as a test of the…


US, EU, Japan to Renew Partnership Against Non-Market Economic Practices

The United States, the European Union, and Japan announced on Nov.17 to renew a trilateral partnership to address challenges posed by the non-market policies and practices of third countries. The U.S. Trade Representative Katherine, European Commission Vice President Valdis Dombrovskis, and Japanese Trade Minister Koichi Hagiuda said they intended to meet in person on the…


Solving China’s Energy Crisis Requires Enforcement of WTO Rules Along With Longer-Term Measures, Experts Say

Xi Jinping’s regime has seriously exacerbated China’s deepening energy crisis through the illegal, chronic, and widespread flouting of terms of its World Trade Organization (WTO) membership, observers said this week. While the current energy shortfall facing China has to do partly with massive flooding that has hampered operations in the country’s coal-producing regions, Beijing has…


China Open to Negotiations Over State Subsidies, Xi Jinping Says

Chinese leader Xi Jinping on Oct. 4 said the regime was open to talks about state subsidies to domestic industrial firms that has become a sticking point in U.S.-China trade relations. In virtual remarks at the opening of the China International Import Expo in Shanghai, Xi said China will keep an “active and open attitude“…


China Has Been ‘Taking Advantage’ of the WTO for 20 Years: Experts

China has not lived up to its commitments on fair trade in the past two decades, and has little will to do so, despite the world looking to its transition toward free-market capitalism, experts said. “China has never really observed the rules of the World Trade Organization. It has taken advantage of the World Trade…