WTO @Geneva: Ready for a New Rulebook?

CGTN published this video item, entitled “WTO @Geneva: Ready for a New Rulebook?” – below is their description.

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As the 12th WTO ministerial conference winds up in Geneva on Thursday, everyone is asking whether new regional pacts like the RCEP or the politically driven Indo-Pacific Economic Framework led by the U.S. will eventually replace the WTO. But “The Hub with Wang Guan” reads a very different signal. Liu Baocheng, Dean at the Center for International Business Ethics in Beijing, says regional pacts can never replace the WTO, while Sourabh Gupta, senior Asia-Pacific international relations policy specialist at the Institute for China-America Studies in Washington, D.C., sees a greater role for China. With the U.S. rejecting its responsibilities, China must step up to the plate. As it transforms from a trade super power into a super trade and investment power, it must show it is capable of driving WTO reforms and new WTO rules to address the unprecedented challenges of a pandemic, geopolitics and climate crisis.

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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