There is no proper framework to define a 'developed' or 'developing' country. At the WTO, individual countries are allowed to self-allocate themselves. Those in

There is no proper framework to define a 'developed' or 'developing' country. At the WTO, individual countries are allowed to self-allocate themselves. Those in the 'developing' group then get preferential trade benefits. These trade benefits are the only reasons China holds tightly to the 'developing' country label.