Reported about 5 hours ago
China has announced it will no longer claim special benefits for developing nations in the World Trade Organization (WTO), a move aimed at easing tensions with the US amid ongoing trade negotiations. Premier Li Qiang made this announcement during the United Nations General Assembly, highlighting China's commitment to a reformed multilateral trading system. Despite this change, China's status as a developing nation remains unchanged, which has been a contentious issue in global trade discussions.
Source: YAHOO