The phase one trade deal will lead to China buying more US products, but it is not expected to tackle tough issues such as subsidies. Photo: AFP
The phase one trade deal will lead to China buying more US products, but it is not expected to tackle tough issues such as subsidies. Photo: AFP

US, EU and Japan take aim at China with proposed WTO rules targeting state subsidies

  • Top trade officials say existing regulations are insufficient to tackle market distortions
  • They also call for technology transfers to be ‘fair, voluntary and based on market principles’

The phase one trade deal will lead to China buying more US products, but it is not expected to tackle tough issues such as subsidies. Photo: AFP
The phase one trade deal will lead to China buying more US products, but it is not expected to tackle tough issues such as subsidies. Photo: AFP
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