Global Goods Trade Expected to Rise by 2.7% in 2024: WTO
The World Trade Organization projects a 2.7% increase in global goods trade in 2024, slightly higher than previous estimates.
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China Seeks WTO Consultations Over Türkiye’s 40% EV Tariffs
China has requested WTO consultations with Türkiye over new tariffs and import restrictions on electric vehicles and other vehicles from China, calling the measures discriminatory and a violation of WTO rules.
Can World Trade Thrive Without True Globalization?
As protectionism rises and trade barriers increase, can global trade continue to thrive without true globalization? Chinese Commerce Minister Wang Wentao and WTO Director-General Ngozi Okonjo-Iweala share insights.
WTO Chief Warns Against Unilateralism, Praises China’s Role in Global Trade
In an exclusive interview, WTO Director-General Ngozi Okonjo-Iweala warns against the dangers of unilateralism, praises China’s support of multilateral trade, and emphasizes the need for global cooperation.
Johanna Hill Highlights Services Trade as Key Driver of Global Growth at CIFTIS
Speaking at CIFTIS 2024, WTO Deputy Director-General Johanna Hill highlighted the transformative impact of services trade on global growth, employment, and sustainable development, urging enhanced international cooperation.
China’s Digital Services Boom Commended by WTO at CIFTIS 2024
At CIFTIS 2024, WTO Deputy Director-General Johanna Hill lauds China’s impressive growth in digital services exports and its further opening of sectors like banking and telecom.
Breaking the WTO Ivory Tower: Deputy Director-General Zhang Xiangchen Calls for Inclusive Dialogue
In an exclusive interview, WTO Deputy Director-General Zhang Xiangchen urges open dialogue and active participation from developing countries to break the ‘WTO ivory tower’ and achieve balanced trade outcomes.
China Refutes ‘Overcapacity’ Claims at WTO Trade Policy Review
China addressed WTO members’ concerns at its ninth trade policy review, refuting allegations of ‘overcapacity’ and ‘economic coercion’ and emphasizing commitment to reform and open trade policies.
China Engages WTO Members Ahead of Ninth Trade Policy Review
China held a side meeting in Geneva to discuss its trade policies ahead of the WTO’s ninth trade policy review, aiming to enhance transparency and understanding among WTO members.
China Requests WTO Panel Over U.S. EV Subsidies Dispute
China has requested the WTO to establish an expert panel over U.S. EV subsidies under the Inflation Reduction Act, citing unfair trade barriers.
China’s WTO Ambassador Highlights Globalization Benefits and Commitment to Multilateralism
China’s Ambassador to the WTO, Li Chenggang, underscores China’s commitment to multilateral rules and the mutual benefits of globalization, highlighting progress since joining the WTO.
China Maintains Top Spot as World’s Leading Merchandise Exporter for 7th Year
China retains its position as the world’s top merchandise exporter for the seventh straight year in 2023, holding a 14.2% share of global exports, according to the Ministry of Commerce.
China Criticizes U.S. Trade Barriers Report Naming It as ‘Primary Concern’
China voices strong opposition to a U.S. trade barriers report naming it as a ‘primary concern,’ urging adherence to WTO rules and fair trade practices.
China’s Commerce Minister Highlights ‘Major Victory for Multilateralism’ at WTO Conference
China’s Commerce Minister Wang Wentao emphasizes confidence and patience in WTO work, celebrating achievements at MC13, including the landmark Investment Facilitation for Development Agreement.
China Advocates for Open World Economy at WTO Ministerial Conference
At the WTO Ministerial Conference in Abu Dhabi, China’s Commerce Minister Wang Wentao emphasized China’s commitment to building an open world economy.
How ‘One Country, Two Systems’ Shapes Hong Kong and Macao’s International Role
Exploring how the ‘One Country, Two Systems’ principle empowers Hong Kong and Macao to actively participate in international affairs while maintaining their unique economic and legal systems.
Experts Debate Future of Global Trade at Hongqiao Forum: Integration or Fragmentation?
At the sixth Hongqiao International Economic Forum, experts discuss whether the global trading system is heading towards more integration or fragmentation amid challenges like protectionism and climate change.