The U.S. House of Representatives passed a bill on Monday that they would strip China of its developing country status in international organizations. The U.S. has committed itself to revoking China's developing country status in attempts to prevent China from receiving preferential treatment. In recognition of China's economic achievements, U.S. politicians have chosen to undermine China's further development instead. In this episode of BizBeat, CGTN's Song Yaotian explains.