Chinese Vice-Premier Liu He and US President Donald Trump shake hands after signing the phase one trade deal at the White House in Washington on January 15. Photo: EPA-EFE

Shirley Ze Yu

Will China stick to the phase one trade deal? That depends on whether it fosters stability

Chinese President Xi Jinping staying away from the signing of the deal suggests Beijing is leaving open how far it will abide by it

At present, the deal fosters China’s larger goal of stability and does not challenge its economic model, which is veering back towards state control

Shirley Ze Yu

Published: 1:00am, 17 Jan, 2020

Updated: 3:30pm, 17 Feb, 2020

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Chinese Vice-Premier Liu He and US President Donald Trump shake hands after signing the phase one trade deal at the White House in Washington on January 15. Photo: EPA-EFE

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Shirley Ze Yu

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Dr Shirley Ze Yu is Asia fellow at Ash Centre, Harvard Kennedy School, a senior visiting fellow at the Institute of Global Affairs at London School of Economics, and an associate at the Lau China Institute at King's College London. She has held senior executive roles in Chinese and global corporations over the past decade, and was formerly a China Central Television (CCTV) news anchor.

Will China stick to the phase one trade deal? That depends on whether it fosters stability

Chinese President Xi Jinping staying away from the signing of the deal suggests Beijing is leaving open how far it will abide by it At present, the deal fosters China’s larger goal of stability and does not challenge its economic model, which is veering back towards state control

Chinese President Xi Jinping staying away from the signing of the deal suggests Beijing is leaving open how far it will abide by it

At present, the deal fosters China’s larger goal of stability and does not challenge its economic model, which is veering back towards state control