Chinese lawmaker: WTO reforms should move forward plurilaterally

A member of China’s National People’s Congress said on Monday that the World Trade Organization should move away from its consensus-based approach and focus instead on the pursuit of plurilateral agreements to spur progress. Jiang Xiaojuan, a member of the Committee on Social Construction of the NPC, described the process of reaching a consensus at the WTO as an “inefficient decision-making mechanism.” She spoke in her personal capacity during a conference hosted by the Peterson Institute for International Economics. Xiaojuan...