China’s US trade deal commitments more than 30 per cent short of year-to-date target, report says

//China’s US trade deal commitments more than 30 per cent short of year-to-date target, report says

China’s US trade deal commitments more than 30 per cent short of year-to-date target, report says

China was more than 30 per cent short of its 2021 commitments under the phase-one trade deal with the United States during the first five months of the year, according to new analysis of trade data between the world’s two largest economies.The US and China signed their long-awaited deal in January 2020, and the terms outlined in the agreement took effect one month later.As part of it, China committed to buying an additional US$200 billion worth of goods and services over 2020-21, relative to…

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By | 2021-06-30T06:24:50+00:00 June 30th, 2021|World|Comments Off on China’s US trade deal commitments more than 30 per cent short of year-to-date target, report says