House Bill to Strip China’s ‘Developing Nation’ Status

The U.S. House of Representatives passed a bill to revoke China’s “developing nation” status, voting that the world’s second-largest economy should not get those benefits. In the spotlight are the billions China has spent bailing out developing countries. The vast majority of them fall under Beijing’s global infrastructure Belt and Road Initiative. A new report sheds light on the opaque nature of China’s deals. But is the bill enough to change the game?

Topics in this episode:

1. House Bill to Strip China’s ‘Developing Nation’ Status
2. Stripping China’s ‘Developing Nation’ Status Carries Symbolic Effect: Sloan
3. House Passes Bill to Counter China’s Organ Harvesting
4. FTX’s Bankman-Fried Charged: Bribing China Officials
5. U.S. Regulator Sues China-Based Crypto Exchange Binance
6. ‘We’re All Chinese’: Former Taiwanese President Visits China
7. Man Arrested After Commenting on Fmr Taiwan President
8. U.S. Docks Missile Carrier in South Korea Port
9. U.S. Students in China: Lowest in Two Decades
10. U.S. to Pressure Ghana’s Creditors Including China
11. China’s Goal: Replace U.S., Become Superpower: Fanell