Home World News Europe US House Bill to Remove China's 'Developing Country' Status Unlikely to Succeed

US House Bill to Remove China's 'Developing Country' Status Unlikely to Succeed

US House Bill to Remove China's 'Developing Country' Status Unlikely to Succeed

MOSCOW (Sputnik) – The US House bill to challenge China’s “developing country” status is a sign of national insecurity and political showboating which is unlikely to succeed and deprive Beijing of the benefits it has under global trade rules, due to a lack of consensus on the issue within the World Trade Organization (WTO), experts told Sputnik.

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