Posted on 03/30/2023 6:39:43 AM PDT by Twotone
The House unanimously passed a bill on Monday that would direct the Secretary of State to work toward stripping the People’s Republic of China of its “developing country” label in international organizations
The measure — titled the PRC Is Not a Developing Country Act — cleared the House in a 415-0 vote.
The legislation would direct the Secretary of State to “pursue” altering the status of the People’s Republic of China from developing country to upper middle income country, high income country or developed country for international organizations that include both the U.S. and China, and propose a mechanism to do so.
Additionally, it would direct the top diplomat to work “to ensure that the People’s Republic of China does not receive preferential treatment or assistance within the organization as a result of it having the status of a developing country.”
“The People’s Republic of China is the world’s second largest economy, accounting for 18.6 percent of the global economy,” Rep. Young Kim (R-Calif.), a sponsor of the measure, said on the House floor Monday.
“Their economy size is second only to that of the United States. [The] United States is treated as a developed country, so should PRC,” Kim said. “And is also treated as a high-income country in treaties and international organizations, so China should also be treated as a developed country.”
“However, the PRC is classified as a developing country, and they’re using this status to game the system and hurt countries that are truly in need,” she added.
Despite being the second largest economy in the world — only behind the U.S. — China is considered to be a developing country by some international organizations, including the United Nations.
(Excerpt) Read more at thehill.com ...
When government works it’s slow. We need less of it.
When China-based entities can ship a product for delivery in the U.S. for 2 cents, and the same shipment within the U.S. is $4-5, that seriously distorts the market for cheaper goods.
Yeah, its pretty obvious by now.
> At least some common sense from our congress on this one. <
Maybe, maybe not. From the article:
“The legislation would direct the Secretary of State to “pursue” altering the status of the People’s Republic of China…”
So what does “pursue” mean there? Look into? Consider?
This seems rather toothless to me. Maybe that’s why it passed unanimously.
not true, China is still “developing” ... into a World menace ...
I don’t give a damn about countries in need. America’s role in the world shouldn’t be Sugar Daddy and nation builder. We need to get our act together first. If anything, America should be the model to the world for freedom and capitalism. Right now we are an embarrassment.
In the same session, Congressional Republicans, citing gross numbers of illegals from underdeveloped nations storming the open border, voted to place the US on the list as a developing nation. /S
Government is reactive, not proactive. Except when it comes to implementing leftist programs.
Worthless...Won’t change a thing. China will still sc*** us every chance she gets. We made ourselves dependent on this third world country.
Let’s see what the idiots in the senate say. If China loses developing country status, it’s game over for the religion of climate change.
Bleck!
This is a big nothing.
At the rate and direction we’re going, we may soon end up with that title.
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