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France 24

World

Sébastian SEIBT

The US wants to elevate China to ‘developed country’ status; Beijing disagrees

China United States Xin Sun United Nations Beijing Donald Trump US House of Representatives Economy Washington D.C. World Bank

The US bid to deprive China of its “developing country” designation has very much to do with the trade war currently underway between the two countries. Getty Images/iStockphoto - wildpixel

The US House of Representatives has voted to strip China of its status as a developing country. China has condemned the move and refuses to join the ranks of developed or "wealthy" nations. At stake are critical economic and geopolitical issues for the world’s second-largest economy.

The US House of Representatives was unanimous; the Chinese response was unanimously furious. Ironically, it was a bid by US lawmakers to raise China’s status on the official development scale that has enraged Beijing.

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