China criticizes WTO transparency proposal advanced by U.S., others

China's ambassador to the World Trade Organization this week criticized a new transparency proposal advanced by the U.S. and other members, saying China did not believe punitive measures were a good solution for countries falling behind in notifications. “In China’s view, punitive approaches is not a good choice,” Zhang Xiangchen said before the Council for Trade on Goods. “Punishment was commonly used in the British-style schools in the old days and in China’s schools even until when I was a...