WTO @Geneva: Ready for a New Rulebook?
CGTN, 16 Jun 2022
For more:
https://www.cgtn.com/video
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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https://www.cgtn.com/video
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.
Subscribe to us on YouTube: https://goo.gl/lP12gA
Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv
