China to relinquish WTO developing country benefits to support multilateral trade

1 min read
Source: AP News
China to relinquish WTO developing country benefits to support multilateral trade
Photo: AP News
TL;DR

China announced it will no longer seek special treatment for developing countries in WTO agreements, aiming to strengthen the global trading system amid rising protectionism, though it remains classified as a developing country and did not specify changes to market access. The move is voluntary and not a call for other nations to follow, reflecting China's evolving role in international trade and development.

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