Chinese Vice-Premier Liu He (left) and US President Donald Trump shake hands after signing phase one of the US-China trade agreement during a ceremony at the White House in Washington on January 15. Photo: Reuters
Winston Mok
Opinion

Opinion

The View by Winston Mok

How the coronavirus outbreak exposes the fallacy of the US-China phase-one trade deal

  • The deal is structured around targets that will be thrown into disarray by unexpected events
  • It tilts the playing field in China in favour of the US vis-à-vis its own allies, such as Australia and Europe, and contradicts the logic of liberal capitalism
Chinese Vice-Premier Liu He (left) and US President Donald Trump shake hands after signing phase one of the US-China trade agreement during a ceremony at the White House in Washington on January 15. Photo: Reuters
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