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China remains a developing country despite its progress China remains a developing country though it has achieved a miracle in economic growth and global trade gains, says Zhou Yongmei, Professor of Practice in Institutional Development at Peking University's Institute of South-South Cooperation and Development. Even as China's economy rises, its per capita GDP is only one-sixth that of the U.S., and there are differences in wealth across regions and between urban and rural areas. Zhou notes the
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Why has China renounced its WTO privileges?
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