{"id":900109,"date":"2026-10-30T17:04:37","date_gmt":"2026-10-30T17:04:37","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/900109\/"},"modified":"2026-10-30T17:04:37","modified_gmt":"2026-10-30T17:04:37","slug":"why-china-considers-itself-a-developing-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/900109\/","title":{"rendered":"Why China considers itself a developing economy"},"content":{"rendered":"<p>China already holds the rank of second largest economy in the world. And it\u2019s still growing. In a report released last week, China said its economy grew at a rate of <a class=\"externallink\" title=\"\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/english.www.gov.cn\/archive\/statistics\/202610\/19\/content_WS6ad5a59bc6d00ca5f9a0dc86.html\">4.5% year-on-year<\/a> in the third quarter. That\u2019s more than a percentage point above the rate that the U.S. grew over the same time frame. <\/p>\n<p>And yet, China sees itself as part of the developing world. \u201cIt goes all the way back to Mao Zedong and Maoist foreign policy,\u201d said Yeling Tan, professor of public policy at the University of Oxford\u2019s Blavatnik School of Government. \u201cBack in in 1974, Mao made this observation about the first world, the second world, and the third world.\u201d <\/p>\n<p>China being in the third world. Ever since, China has aligned itself with the Global South, despite rapid growth and economic progress. <\/p>\n<p>\u201cMarketplace\u201d host Kai Ryssdal spoke with Tan about China\u2019s role on the international stage, and why they continue to categorize themselves as \u201cdeveloping.\u201d <\/p>\n<p>Click the audio player above to hear their conversation. <\/p>\n<p>Related Topics<\/p>\n","protected":false},"excerpt":{"rendered":"China already holds the rank of second largest economy in the world. And it\u2019s still growing. In a&hellip;\n","protected":false},"author":2,"featured_media":900110,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,144,44075,377136,101,377137],"class_list":["post-900109","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-developing-economies","tag-economic-theory","tag-economy","tag-global-economics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/900109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=900109"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/900109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/900110"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=900109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=900109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=900109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}