Despite being the world's second-largest economy and home to the most billionaires, China is still categorised as a "developing" country and enjoys the same "special and differential treatment" aff...
China is the world's second largest economy and a potential superpower, yet it's considered a developing country in many international organizations; the US wants to change that
China's status as a 'developing country' at the World Trade Organization has become a contentious issue. How is a ‘developing country’ decided and why are some against China being classified as one?
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China is increasingly using its massive economic resources to further its energy interests internationally in both developing and developed countries through foreign assistance, overseas investments, trading relationships, and diplomatic efforts. Its development history and characteristics also give it a standing with the community of developing countries that the United States and other advanced economies lack. By fusing developing/developed country attributes with major global clout, China is unique: a hybrid superpower. ...
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Alone among developing nations, China commands attention and awe. The country is feared for its military might. It also alarms the world, and Asia much more, because of its growing economic and trade
Key Takeaways ; China uses its status as a “developing” country to benefit from provisions and special treatment in treaties and international organizations. ; China may have deserved classification as a developing country three decades ago. But no longer. ; The second-largest economy in the world is cashing in on special provisions in international agreements and organizations meant to help poor nations.
understand is that as poor, developing countries - many that are also highly indebted to Beijing and depend on China for the bulk of their trade - they are not in a position to withstand...
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