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- China says that the world trade system is not ideal and needs to be reformed
China says that the world trade system is not ideal and needs to be reformed
The current system of world trade is not ideal, and China supports it's reforms, including the World Trade Organization (WTO) to make it more fair and effective, said one of Beijing's leading diplomats.
China is locked in the rigid framework of the trade war with the United States and has repeatedly vowed to support the multilateral trading system, free trade and WTO.
But speaking late Thursday afternoon to journalists, after meeting with French Foreign Minister Jean-Yves Le Deryan, China's State Counselor Wang Yi said that some reforms are needed that can be effective.
Despite certain doubts about the current international trading system, "China has always supported the protection of free trade and believes that multilateral ties with the WTO should be strengthened".
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