The new director general of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, faces an uphill battle to reform the global body, especially as China and the United States remain far apart on key issues like subsidies, Chinese economic experts say.Okonjo-Iweala – the first woman and first African leader of the organisation – will take control of the WTO at one of the most difficult periods in its history, and faces a herculean task to restore the battered institution.The 164-member WTO has…
READ SOURCE
