
-
India's Modi praises close Sri Lanka ties at holy tree
-
Verstappen wins Japanese GP to close championship gap on Norris
-
Red Bull's Verstappen wins Japanese GP from Norris
-
US storms, 'severe' flooding death toll climbs to 16
-
Rain complicates recovery in quake-hit Myanmar as death toll rises
-
Explosions as Ukraine capital under missile attack
-
The scientist rewriting DNA, and the future of medicine
-
'Anxious': US farmers see tariffs threaten earnings
-
Nostalgia fuels UK boom in vintage video game repairs
-
Snappy birthday: Germany's Leica camera turns 100
-
Bucks clinch playoff berth as West battle tightens
-
Czech beer culture eyes UNESCO listing as pubs take hit
-
Explosions as Kyiv under missile attack, says mayor
-
Weary Boutier still alive in LPGA Match Play after 45-hole day
-
Artificial glaciers boost water supply in northern Pakistan
-
Brooksby upsets Paul to reach Houston final
-
Thomas, Bednarek hit jackpot at Grand Slam Track meet
-
Rodman on target as USA beat Brazil in Olympic rematch
-
'Hands Off!' Anti-Trump Americans flood Washington
-
Harman leads by three at Texas Open
-
Barcelona draw to increase Liga lead after Real Madrid stumble
-
Ecuador mounts anti-drug op overseen by Blackwater founder
-
Pegula rallies to reach Charleston final
-
Nick Rockett flies to victory in magical Mullins Grand National
-
Ovechkin on the brink of the 'impossible'
-
Anthony, Bird to enter basketball Hall of Fame
-
'Phenomenal' Munster edge O'Gara's La Rochelle to reach Champions Cup quarters
-
Munster edge O'Gara's La Rochelle to reach Champions Cup quarters
-
Rahul, Jaiswal fire as Delhi and Rajasthan register big IPL wins
-
Aston Villa beat Forest for seventh straight win ahead of PSG trip
-
Jaiswal, Archer help Rajasthan thrash Punjab in IPL
-
Inter's title charge stalls after throwing away points at Parma
-
Real Madrid stumble at home to Valencia in Liga
-
Leading garment producer Bangladesh holds crisis talks on US tariffs
-
PSG win 13th French title ahead of Aston Villa Champions League clash
-
Nick Rockett storms to victory in the 'Mullins' Grand National
-
Despair and sadness follow death of Malian musical great Amadou
-
Arsenal held by Everton, Wolves push Ipswich closer to relegation
-
Lions contender Prendergast fires Leinster to Champions Cup quarters
-
Nick Rockett wins the 'Mullins' Grand National for father and son
-
Last-gasp Buendia goal keeps Leverkusen's Bundesliga title hopes alive
-
Video shows last minutes before Gaza aid workers' deaths, Red Crescent says
-
Zverev 'mentally' affected by Australian Open defeat
-
Rahul guides Delhi to third straight IPL victory
-
Arsenal draw at Everton to edge Liverpool closer to Premier League title
-
Senate Republicans move forward with Trump tax cuts
-
Sinner regrets 'unfair' doping ban as he prepares return to courts
-
Isa hat-trick powers Toulon into Champions Cup quarters in Saracens thriller
-
'Hang tough, it won't be easy': Trump defiant on tariffs
-
Zelensky slams 'weak' US reply to Russian strike on his hometown
RBGPF | 100% | 69.02 | $ | |
CMSD | 0.7% | 22.83 | $ | |
RYCEF | -18.79% | 8.25 | $ | |
BTI | -5.17% | 39.86 | $ | |
SCS | -0.56% | 10.68 | $ | |
GSK | -6.79% | 36.53 | $ | |
NGG | -5.25% | 65.93 | $ | |
RELX | -6.81% | 48.16 | $ | |
CMSC | 0.13% | 22.29 | $ | |
RIO | -6.88% | 54.67 | $ | |
JRI | -7.19% | 11.96 | $ | |
BCC | 0.85% | 95.44 | $ | |
VOD | -10.24% | 8.5 | $ | |
AZN | -7.98% | 68.46 | $ | |
BCE | 0.22% | 22.71 | $ | |
BP | -10.43% | 28.38 | $ |

China has expanded statist economic policies over 20 years in WTO: US
China has not adopted the rules of the World Trade Organization even after 20 years' membership, the United States said Wednesday, adding that the world's second-biggest economy had "retained and expanded" its statist approach to the detriment of businesses and workers globally.
"China also has a long history of violating, disregarding and circumventing WTO rules to achieve its industrial policy objectives," said an annual report to Congress by the office of the US Trade Representative (USTR) Ambassador Katherine Tai, laying out the Biden administration's assessment of China's WTO membership.
Based in Geneva, Switzerland, the WTO works to enforce rules governing international trade, including promoting fair competition and open trade.
When it joined in December 2001, Beijing said it would embrace those principles, Tai said.
"China has instead retained and expanded its state-led, non-market approach to the economy and trade," she said.
"It is clear that in pursuing that approach, China's policies and practices challenge the premise of the WTO's rules and cause serious harm to workers and businesses around the world, particularly in industries targeted by China's industrial plans."
The United States has long denounced Chinese practices, such as its subsidies for public companies.
Beijing is also accused of stealing intellectual property and forcibly transferring know-how and technology from foreign companies in exchange for market access.
These were among practices cited by former US president Donald Trump when he launched a trade war against China in 2018 with punitive customs duties.
The USTR noted Wednesday that the United States had also pushed China to comply with the standards in bilateral discussions.
However, the 72-page report pointed to only "isolated" progress and lamented that China's commitments to fundamentally change its approach had not borne fruit.
Its commitments in January 2020, part of phase one of the bilateral treaty concluded with Trump, have not been respected either, it said.
"China has not yet implemented some of the more significant commitments that it made in the Phase One Agreement, such as commitments in the area of agricultural biotechnology," the report details.
It is also far from having met its commitments to purchase American goods and services in 2020 and 2021.
Further, "the reality is that this Agreement did not meaningfully address the more fundamental concerns that the United States has with China's state-led, non-market policies and practices and their harmful impact on the U.S. economy and U.S. workers and businesses," the report added.
Among the sectors affected by China's practices deemed unfair, Washington cites steel, aluminum, solar energy and fishing.
The USTR stressed that the United States was pursuing "a multi-faceted strategic approach" by abandoning neither dialogue nor possible retaliatory measures.
"China is an important trading partner, and every avenue for obtaining real change in its economic and trade regime must be utilized," it said.
Finally, it added that if China "fully" implemented the 2020 agreement, it would lay a more solid foundation for tackling the unresolved issues.
T.Sanchez--AT