China relinquishes WTO developing country status amid trade tensions
TL;DR Summary
China announced it will no longer seek special developing country status in WTO agreements to support global trade reform, a move aligned with US demands, though it remains classified as a developing nation and continues to provide aid to other countries. The decision aims to strengthen the global trading system amidst rising protectionism and tariff conflicts.
- China gives up WTO developing country status in face of U.S. tariffs PBS
- WTO hails Chinese decision to forgo developing country benefits Reuters
- China to relinquish WTO privileges in show of support for multilateral trade South China Morning Post
- WTO chief lauds China’s decision to forgo developing country benefits as ‘momentous occasion’ https-//www.semafor.com
- China to Stop Seeking Special WTO Treatment in Future Talks The Wall Street Journal
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