Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Cover Story: How U.S. Tech Blockade Sparked China’s AI Chip Boom
Zhipu Revenue Rises Nearly 400% as Cloud Business Gains Ground
Manus Resumes Independent Operations After Meta Deal Collapses
LATEST
Manus Resumes Independent Operations After Meta Deal Collapses
Zhipu Revenue Rises Nearly 400% as Cloud Business Gains Ground
Cover Story: How U.S. Tech Blockade Sparked China’s AI Chip Boom
Tencent Unveils Larger AI Model in Bid to Close Gap With Rivals
AI Chipmaker Sunrise Doubles Valuation After Raising 2 Billion Yuan
Analysis: Unitree Shares Slide as Investors Reassess Humanoid Robot Valuations
Baidu Shifts AI Agent Dumate Toward Industry-Specific Workflows
Z.AI Unveils Cheaper Model Running Entirely on Homegrown Chips
EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash
XPeng to Raise $900 Million for Robotics Unit
China’s Advanced Chip Supply to Surge 46% Annually Through 2035, Goldman Says
Xiaomi Steps Up Chip Push With New Smartphone, AI and Self-Driving Processors
Alibaba’s $12 Billion Share Sale to Fund AI Push Sends Stock Lower
TikTok to Pay $400 Million to Settle U.S. Child Privacy Lawsuit
DeepSeek Enters the Multimodal AI Race with Experimental Vision Model
Alibaba’s Profit Plunges as E-Commerce Business Falters, AI Investment Jumps
YMTC Moves Closer to Shanghai IPO
Unitree Shares Decline as Founder Flags Limits of Humanoid Robots
AI Companies’ Success Lies in the Apps, Bain’s China Chairman Says
China’s LandSpace Recovers Booster in Reusable Rocket Breakthrough

By Han Wei / Nov 26, 2018 11:58 PM / World

picture

picture

China and most of the world’s biggest economies outside the U.S. submitted a proposal to reform the World Trade Organization’s dispute settlement mechanism in response to criticism and threats by President Donald Trump.

The WTO members making the proposal include China, the European Union, Canada, India, Norway and Australia. They submitted the plan to the WTO last week, China’s Ministry of Commerce said Monday. The members intend to issue a joint statement on the proposal Dec. 12 at the WTO's General Council meeting.

The WTO has struggled to move forward with a major reform after Trump blocked appointments of judges to the WTO appellate body and threatened a U.S. withdrawal.

“China hopes to actively discuss the issue with WTO members and promote the process as soon as possible to guarantee the normal operations of the dispute settlement and safeguard the multilateral trading system,” the commerce ministry said.

Related: China Demands Inclusive World Trade Organization Reform Process

Share this article
Open WeChat and scan the QR code