Chinese police watch a cargo ship at a port in Qingdao, in China's eastern Shandong province, on April 6, 2018. Even if alleged subsidies to state-owned exporters are measurable, they represent the price China is prepared to pay to be competitive internationally. Photo: AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

US-China trade war hawks are right on one count: the WTO is in sore need of reform (just not in the way they imagine)

  • Rather than seeking to counter export competition from China’s state-owned enterprises – as espoused by the US and some EU nations – the WTO should fundamentally rethink its rules to accommodate different economic systems

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Chinese police watch a cargo ship at a port in Qingdao, in China's eastern Shandong province, on April 6, 2018. Even if alleged subsidies to state-owned exporters are measurable, they represent the price China is prepared to pay to be competitive internationally. Photo: AFP
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