Being a least developed country

China is categorized as a least developed country, this may sound bad to many Chinese people as they believe that China has been a much more developed country comparing with many other countries in the world since the economic reform under Deng Xiaoping. However, the US President Trump pointed at one of the benefits of being categorized as a least developed country, which is the cheap global postal rates. Trump claimed that it is cheaper to ship a package from China to the US than to ship a package within the US.

This is true under the rule of the Universal Postal Union, a UN body; the cheap postal rate is given to least developed countries for the consideration of social equality. The Universal Postal Union is aware of this issue but has decided that it will not discuss the issue until its next meeting in 2020. Trump is definitely unhappy, his administration is considering setting its own rates. The postal rate is one key of transportation costs. Cheaper postal rates can certainly benefit some small businesses in least developed countries which use posts to ship their products worldwide.

The small businesses which benefit from cheap postal rates cannot continue its profitable method forever. However, meanwhile it does not make China any bad to be a least developed country, instead it gives many Chinese businesses the benefit of cheap transportation cost.