"China's Influence on World Trade and WTO Accession Discussed at Round Table"

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Source: Financial Times
TL;DR

China is aiming to reshape world trade on its own terms by pursuing an economic strategy that emphasizes self-reliance and reduced dependence on foreign markets and technology. This approach, known as "dual circulation," seeks to bolster domestic consumption and innovation while also expanding China's global influence through initiatives like the Belt and Road infrastructure project. The country's trade policy is increasingly focused on asserting its own standards and rules, potentially challenging the existing international trade order dominated by Western economies.

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