China was removed from the US internal list of “developing” countries and upgraded it to a “developed” country. This makes it easier for the US to investigate whether China is unfairly subsidising exports for Chinese businesses, and harming US industries .

Produced by: Hezril Asyraaf

Presented by: Lee Chwi Lynn, Kam Raslan

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  Evening Edition,  US,  China,  trade war,  developing country,  developed country,  economy,  UN,  WTO,  Financial Services,  Government/Regulatory/Policy Making,  Politics, News, Current Affairs