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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