Chinese Commerce Minister Stresses Fair Trade Practices During WTO Dialogue
Chinese Commerce Minister Wang Wentao held a virtual meeting with World Trade Organization Director-General Ngozi Okonjo-Iweala on Friday to discuss growing concerns about global trade imbalances. The talks centered on recent tariff policies and their implications for developing economies.
Wang emphasized that U.S.-led 'reciprocal tariffs' risk destabilizing vulnerable markets, stating: 'These measures disproportionately affect least-developed nations and could escalate into humanitarian challenges.' The remarks highlight China's push for multilateral solutions through WTO frameworks.
Calling for increased dialogue, Wang urged WTO members to address trade disputes through 'mutual respect and equal consultation' rather than unilateral measures. The discussion comes amid heightened global scrutiny of trade practices following recent U.S. economic policies targeting Chinese goods.
