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U.S. Trade Negotiator Calls China an ‘Unprecedented’ Threat

China is subsidizing companies and distorting markets, Lighthizer says

By Andrew Mayeda, Bloomberg | Updated on September 18, 2017

China’s economic model represents an “unprecedented” threat to the world trading system that can’t be addressed under current global rules, President Donald Trump’s top trade negotiator said.

“There is one challenge on the current scene that is substantially more difficult than those faced in the past, and that is China,” U.S. Trade Representative Robert Lighthizer said Monday in a speech in Washington. “The sheer scale of their coordinated effort to develop their economy, to subsidize, to create national champions, to force technology transfers and to distort markets in China and throughout the world is a threat to the world trading system that is unprecedented.”

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