Liz truss demands G7 leaders get tougher in China trade war ‘too soft for too long!’
Liz Truss says the UK has been 'too soft' on China
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Liz Truss has warned the UK has been “too soft for too long” over trade with China. The Secretary of State was invited to give evidence to the International Trade Committee ahead of the upcoming G7 summit of world leaders taking place next month in Cornwall. Ms Truss told MPs that democracies were in a battle with China over the future of global trade and called for a tougher stance against Beijing’s “market-distorting practices.”
Ms Truss told the International Trade Committee: “It is vital that democracies win the battle for the future of global trade.
“One of the key focuses of the trade track is dealing with market-distorting practices particularly from non-market economies like China.
“The fact is the WTO was created in 1995 when the Chinese economy was a tenth the size of the US economy, yet China is still treated as a developing country in the WTO.
“The fact is we have been too soft of China’s unfair trading practices for too long.”
More to follow…
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