‘Tough negotiations’ on China subsidies, SOEs ‘can’t be avoided’ at WTO

China should treat rising foreign concern over subsidies and the prominence of state-owned enterprises (SOEs) in the economy with a more rational, open and confident attitude, the nation’s ambassador to the World Trade Organization (WTO) said on Wednesday.The world’s second largest economy needs to take part in creating new international trade rules, while also strengthening domestic reforms, Li Chenggang told a seminar organised by the University of International Business and Economics and…

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