CHINA-ECONOMY: PREMIER LI KEQIANG MEETS HEADS ON INTERNATIONAL ORGANISATIONS

On November 6, Chinese Premier Li Keqiang met leaders of six multilateral economic bodies namely, World Bank President Jim Yong Kim; International Monetary Fund Managing Director Christine Lagarde; World Trade Organization (WTO) Director-General Roberto Azevedo; OECD Secretary-General Angel Gurria; Financial Stability Board Chairman Mark Carney; and International Labor Organization Deputy Director-General Deborah Greenfield. 
Referring to the WTO, Chinese Premier Li Keqiang, according to Xinhua, acknowledged that the WTO is in serious trouble and"Some of its members want to go it alone, while some want to scrap it and start all over again." He said China is in favour of trying to solve the current problems. Li Keqiang said "China supports reforms and improvements to the existing system, increasing WTO's effectiveness while maintaining its authority."






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