The head of an American business lobbying group said on Thursday that he was confident that China will still meet its phase one trade deal commitments to massively increase purchases of US goods and services despite the coronavirus crisis, reported the South China Morning Post. Craig Allen, president of the US-China Business Council (USCBC), said that […]
Category: Agriculture
The coronavirus outbreak could reduce Chinese purchases of US agricultural products this year under the Phase 1 trade deal signed by the two countries, White House national security adviser Robert O’Brien said on Tuesday, reported Reuters. “We expect the Phase 1 deal will allow China to import more food and open those markets to American farmers, […]
It has been a week of developments, which is welcome. The US and China signed the first phase trade deal, the Chinese official statisticians announced the GDP growth rate for 2019 at 6.1%, and the UK indicated that Huawei would not likely be invited to participate in its core telecoms infrastructure 5G upgrade. The question […]
US President Donald Trump and Chinese Vice Premier Liu He signed a phase one trade deal at the White House on Wednesday morning, ending a nearly two-year-long trade war between the world’s two biggest economies, reported Caixin. The signing concluded lengthy on-and-off negotiations and formalized an 86-page accord reached in December in which the US agreed to […]
Spring blossoms are not yet out, although the weather in much of China is weirdly warmish, and with the US-China trade deal due to be signed next week, the Shanghai stock market in relatively rosy territory and the auto market apparently bottoming out after two years of decline, there is some reason to see the […]