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WTO rules insufficient to prevent China distorting market: US
来源： 编辑：编辑部 发布：2018/01/25 09:11:46
CHINA's membership of the World Trade Organisation in 2001 has failed to force Beijing to open up its economy to foreign investors, said US President Donald Trump's administration.
The Trump administration said in a report to the US Congress: "It seems clear that the United States erred in supporting China's entry into the WTO on terms that have proven to be ineffective in securing China's embrace of an open, market-orientated trade regime.
"It is now clear that the WTO rules are not sufficient to constrain China's market-distorting behaviour," the UK Guardian reported.
A White House official said despite consultations with China, it had failed to make good on promises to move towards a market-orientated economy and follow international trading rules.
"The president and his principal adviser are united in the belief that this is a problem that has gone on for too long and needs to be addressed," the official said.
"In the past, conversations have focused more on discreet opening for discreet products, and what we're saying is systematically we're not going to tolerate broad-based policy that attempts to promote state-led enterprises," the official said.
The Trump administration said in a report to the US Congress: "It seems clear that the United States erred in supporting China's entry into the WTO on terms that have proven to be ineffective in securing China's embrace of an open, market-orientated trade regime.
"It is now clear that the WTO rules are not sufficient to constrain China's market-distorting behaviour," the UK Guardian reported.
A White House official said despite consultations with China, it had failed to make good on promises to move towards a market-orientated economy and follow international trading rules.
"The president and his principal adviser are united in the belief that this is a problem that has gone on for too long and needs to be addressed," the official said.
"In the past, conversations have focused more on discreet opening for discreet products, and what we're saying is systematically we're not going to tolerate broad-based policy that attempts to promote state-led enterprises," the official said.