Xi Says Will Abolish Anti-competitive Subsidies To Chinese Firms
Mohammad Ali (@ChaudhryMAli88) Published April 26, 2019 | 09:30 AM
Beijing, (UrduPoint / Pakistan Point News - 26th Apr, 2019 ) :Chinese President Xi Jinping vowed Friday to abolish subsidies to firms that impede fair competition -- addressing a major bone of contention in US trade talks.
"We will overhaul and abolish unjustified regulations, subsidies and practices that impede fair competition and distort the market," Xi said at a summit on his Belt and Road global infrastructure project.
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