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’
Topic |   World Trade Organisation (WTO)

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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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Wendy Wu

Wendy Wu

Wendy Wu is a Beijing-based reporter focusing on international finance and diplomacy. Her journalism career spans a decade and she has been reporting for the Post since 2015. Wendy has a master's degree in finance from Germany's University of Freiburg.