USTR says WTO reform efforts fail to address the root of the problem: China
The Office of the U.S. Trade Representative’s annual report to Congress on China’s compliance with World Trade Organization rules dismisses the reform efforts of a handful of WTO members because it says their proposals do not adequately address the threat China’s economic model poses to the multilateral trading system. “[T]he recent proposals by various WTO members for WTO reform seem only marginally focused on the China problem,” states the report, released on Monday. “While those reform proposals potentially could address...