China hits back after Trump's outburst against 'developing nation' tag

Donald Trump has ordered his top trade negotiator to pressure the World Trade Organization to crack down on some economies that declared themselves as such

China and US
China and the US have been embroiled in a trade war
Bloomberg
2 min read Last Updated : Jul 29 2019 | 2:37 AM IST
China said the classification of a country as a “developing nation” shouldn’t be defined by the interests of the US, after President Donald Trump ordered his top trade negotiator to pressure the World Trade Organization to crack down on some economies that declared themselves as such.

The reform of the WTO should not be gripped by a few “hegemony countries,” the state-run People’s Daily said in an editorial on Sunday.

On Friday, Trump singled out China in a memo to US Trade Representative Robert Lighthizer that gave the latter 90 days to determine whether there’s been “substantial progress” toward limiting the number of countries considered developing nations. The US may act unilaterally if not, Trump said.

 

The 90-day deadline to see if the WTO has made improvements in the matter lays bare the “arrogance and impudence” of the US, according to the People’s Daily editorial.

China hasn’t abused the special treatment accorded to it as a developing nation, the paper said.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :WTOUS China trade warWorld Trade OrganizationUS china relations

Next Story