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Ending China's Developing Nation Status

This act aims to change how the United States treats China in international agreements and organizations. The goal is for China to no longer be considered a developing nation, which could impact trade terms and other international obligations. For citizens, this means potential shifts in the global economy and trade relations, which might indirectly affect product prices or goods availability.
Key points
The U.S. will refuse treaties where China is labeled a developing nation.
The U.S. will oppose and seek to change China's status to a developed nation in international organizations.
The President can waive these rules if it's in the national interest.
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Additional Information
Print number: 117_S_5190
Sponsor: Sen. Romney, Mitt [R-UT]
Process start date: 2022-12-06