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Global Trade: Why Germany opposes further special rights for China

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Global Trade: Why Germany opposes further special rights for China

Letzte Aktualisierung: July 25, 2024

picture alliance/dpa/Bernd von Jutrczenka

German Chancellor Olaf Scholz believes that China should no longer receive developing country privileges within the World Trade Organization (WTO). According to Scholz, China is now a developed nation.

German Chancellor Olaf Scholz has called for China to be denied the rights of a developing country within the World Trade Organization (WTO). At his summer press conference in Berlin on Wednesday, Scholz acknowledged that China has many impoverished people. However, he noted that the country is also a very successful industrial nation.

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