UK offers to work with allies to combat "unfair behaviour" by China-backed firms
- Country:
- United Kingdom
Britain will offer to work with the European Union, Japan and America to clamp down on what it calls unfair behaviour by Chinese state-owned enterprises, its trade minister Liz Truss will tell the World Economic Forum on Friday.
"We want action on subsidies and state-owned enterprises, which can undermine genuine free trade and have to stop being used unfairly - That means being more consistent in enforcing our current system, and bringing in new rules," Truss will say, according to advance extracts of her speech.
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