China refutes accusations of ‘overcapacity’ made by US, others at WTO

Refuting accusations of ‘overcapacity’ made by the United States and some other countries at a recent WTO meeting, China said there is no universally-recognised standard or methodology to define overcapacity.
At a meeting of the WTO committee on subsidies and countervailing measures, China condemned US ‘reciprocal tariffs’ and discriminatory subsidy policies for seriously undermining WTO rules.Read More