[Trailer] House Bill to Strip China's ‘Developing Nation’ Status | China In Focus

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