China slams US ‘smear tactics’ in WTO assessment, says Washington covering up its ‘sabotage’
- China’s socialist market economy ‘has turned decidedly predatory’, says US Trade Representatives annual report on China’s compliance in World Trade Organization
- Beijing says Washington is shifting the blame to cover up its own violations and sabotage of the WTO
Beijing has hit back at Washington’s scathing 80-page report on China’s membership in the World Trade Organization (WTO), calling the compliance assessment groundless and a distortion of the facts.
In turn, it accused Washington of trade bullying, unilateralism and disrupting international supply chains.
“China has consistently supported the multilateral trade system and fulfilled its promises to the WTO,” China’s commerce ministry said in an online statement on Monday, three days after the annual US report said China’s socialist market economy “has turned decidedly predatory”.
“China remains the biggest challenge to the international trading system established by the World Trade Organization,” US Trade Representative Katherine Tai said in the report, adding that in the 22 years since China acceded to the WTO, the country still “embraces a state-directed, non-market approach to the economy and trade, which runs counter to the norms and principles embodied by the WTO”.