This year marks the 20th year since China was accepted into the World Trade Organization (WTO). With the acceptance came a set of commitments China promised it would fulfill. These free trade requirements are a clear contrast to China’s economic model—a socialist state-planned economy. Now, the leader of China claims the state has met all commitments in trade. The Chinese state media all unilaterally promote the words of Xi Jinping. But outside China, it’s a different story. Join me and economist Clyde Prestowitz to discuss the real narrative of China’s role in the WTO, and how they have impacted the world of trade and economics?
’20 Years a Mirage’: The CCP’s World Trade Organization Lie; Interview With Economist Clyde Prestowitz
By NTD Newsroom