ANALYSIS: US Aims to Shift Supply Chain Away From China

ANALYSIS: US Aims to Shift Supply Chain Away From China
In 2023, the United States took multiple measures to curb the unfair competition posed by the Chinese Communist Party (CCP). These measures included terminating China's developing nation status and establishing an international supply chain system free from the influence of the CCP. Shutterstock
Shawn Lin
Updated:
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The United States is implementing several measures to promote the “de-Chinaization” of the global supply chain to address unfair competitive practices by the Chinese Communist Party (CCP), according to Japanese commentator Ji Lin. Another notable development in this regard is the unanimous approval of the “Ending China’s Developing Nation Status Act” by the U.S. Senate Foreign Relations Committee on June 8. This bill calls for the secretary of state to pursue a change in China’s status from a developing country to a developed country through existing treaties and other mechanisms.
Despite China being the world’s second-largest economy and a recipient of substantial foreign investments, it has consistently claimed the status of a developing country, which grants it certain privileges and flexibility. However, Sen. Chris Van Hollen (D-Md.) said, “From its economic and military scale to massive investments in countries around the world, it is evident that China is no longer a developing country. For a long time, China (the CCP) has been exploiting this designation to gain unfair advantages in multilateral agreements.”
Shawn Lin
Shawn Lin
Author
Shawn Lin is a Chinese expatriate living in New Zealand. He has contributed to The Epoch Times since 2009, with a focus on China-related topics.
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