China is technically an industrialized economy but strategically positions itself as developing to maintain synergy with the Global South on some issues, though not on debt or technology where it acts as an advanced creditor/vendor.
factualpending
Speaker
David MalpasEvidence Quote
“China they've come so far they don't want to give up their Roots...they want to feel like they're a developing country uh and they uh Synergy with the global South well not on the debt issue huh not on debt and not on technology”
Source
Fix the global debt crisis before it's too late, warns World Bank's David Malpass— GZERO MediaCreated: 8/12/2026, 6:44:21 PM
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