China gives up developing-country treatment in bid to boost WTO in face of Trump tariffs
China will no longer seek special and differential treatment benefits in WTO talks, aiming to support global trade reform amid ongoing tensions with the United States, WTO chief said.
- China will stop seeking benefits linked to its developing country status at the World Trade Organization, as announced by Premier Li Qiang.
- This decision aims to enhance the global trading system, which is currently facing challenges from tariff wars, according to the Commerce Ministry.
- The U.S. has argued for years that China, being the second-largest economy, should abandon its developing-country status.
- WTO Director-General Ngozi Okonjo-Iweala described this move as a culmination of many years of hard work.
86 Articles
86 Articles
Why is China 'giving up' special WTO benefits? What does it really mean?
China has announced it will stop claiming special WTO benefits reserved for developing nations. The move, seen as a gesture to ease US tensions and highlight Beijing’s support for multilateralism, applies only to future trade talks while China’s developing country status remains unchanged.
China Buys Zero US Soybeans, Farmers Seek Trump’s Help
The harvest season is kicking off in the U.S. without a major buyer—China. U.S. soybean farmers are devastated, calling on President Donald Trump to secure a deal with China as soon as possible. China announced it will no longer seek special perks for developing countries in future WTO trade deals. Why is China giving up perks it has had for decades? The United Nations—once again denying press credentials to reporters from two U.S.-based media o…
The People's Republic of China will no longer be considered a developing country within the World Trade Organization (WTO). Chinese Prime Minister Li Qiang expressed this wish on the sidelines of the UN General Assembly in New York on Tuesday, 23 September, at a time of trade tensions with Donald Trump's United States. Beijing hopes to further influence the WTO.
China To End Lobbying for Special Treatment in WTO Talks
The World Trade Organization (WTO) welcomed China’s decision to stop seeking renewed special treatment in future trade negotiations, calling it a step toward a fairer global trading system. WTO Director-General Dr. Ngozi Okonjo-Iweala described the move as “pivotal.” It followed Chinese Premier Li Qiang’s announcement at the UN General Assembly that Beijing would no longer request special and differential treatment reserved for developing countr…
The China Affairs Officer at WTO announced on Monday evening that she would give up "special and differential treatment", a status that would give developing countries benefits in the context of trade organization.
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