U.S. criticizes China’s forgoing of developing country benefits as too little too late

China’s claim that it will forgo benefits and flexibilities for developing countries in World Trade Organization negotiations leaves room for skepticism and came only once there was “hardly anything left to lose” due to the breakdown of the WTO negotiating function – caused, in part, by Beijing’s “abuse” of its developing-country status, the U.S. argued in Geneva on Tuesday. During a General Council meeting this week, China formally presented its decision to forgo special and differential treatment , which it...