WTO not equipped to deal with China and its industrial policies: US
(WorldNews China)

China`s economic system is not compatible with the norms of the WTO, the Trump administration has said PTI @moneycontrolcom China`s economic system is not compatible with the norms of the WTO, the Trump administration has said, asserting that the international trade body is not equipped to deal with Beijing and its industrial policies. The Trump administration is also seeking to redefine the term `developing nations` as countries like China, despite being the world`s second largest economy, are being considered as developing, that gives them certain benefits under the World Trade Organization (WTO). `Too many countries at the WTO self-designate as developing countries. And as a developing...