teensexonline.com
24.6 C
Jammu
Monday, September 16, 2024
HomeFeatured StoriesIndia questions China's developing country status on per capita basis

India questions China’s developing country status on per capita basis

Date:

Related stories

DPIIT to launch BHASKAR platform for startups

Department for Promotion of Industry and Internal Trade, DPIIT...

US says committed to helping Bangladesh expand economic opportunities

 The US on Sunday assured Bangladesh’s interim government of...

India and China have mostly set aside their bilateral differences in order to champion the cause of developing countries at the World Trade Organisation (WTO). That seems to be changing.

During the latest round of China’s trade policy review, India questioned its northern neighbour’s claim that it was a developing country, since, going by the World Bank’s definition, its per capita income belongs to that of an upper middle income country. “As per the per capita income level, the Chinese economy belongs to ‘upper-middle income’. How can China …

Latest stories