China Vow to Rescind WTO ‘Developing-Nation’ Benefits Bodes Well for US Talks
The World Trade Organisation headquarters in Geneva.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
I’m Katia Dmitrieva, Asia economics correspondent in Hong Kong. Today we’re looking at China’s change of heart at the WTO. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
China may have just ended one major pain point in relations with the US. Premier Li Qiang, who’s now stateside for the United Nations general assembly, said his country would no longer claim benefits from its developing nation status at the World Trade Organization.