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Chinese Ministry of Commerce: US made “false accusations” in report on compliance with WTO rules

China's Ministry of Commerce stated on Monday that “The US falsely claims that China has created 'excess capacity', which fully reflects the US side's unilateralism and hegemonic behavior“.

The US side ignores the 'great achievements' made by China in fulfilling its commitments to the World Trade Organization (WTO) and denies China's important contribution to the multilateral trading system and the world economy“, the Ministry responded to the US report on China's accession to the WTO.

Separately, Chinese authorities have stated that the Fujian Coast Guard is boosting patrols in waters near Taiwan's Kinmen Islands “to strengthen law enforcement inspections in key areas, effectively maintain order of operations in relevant maritime areas and effectively safeguard the safety of life and property of fishermen”.

Source: Fx Street

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