US Senate panel approves measure to strip China of ‘developing’ status

News Snapshot:

WASHINGTON, June 8 (Reuters) - Legislation to strip China of its status as a "developing nation" at some international organizations was passed by a U.S. Senate committee on Thursday, as members of the U.S. focus on competing with the Asian power. The Senate Foreign Relations Committee approved the "Ending China's Developing Nation Status Act" without dissent. The bill would require the Secretary of State to pursue changing China's status as a developing nation in international organizations. Proponents of the bill say that status can allow special privileges in some organizations or treaties. The committee's approval paves the way for the...