The outbreak has driven down commodity prices and placed huge swathes of Chinese territory on lockdown, potentially disrupting purchasing demands in the US-China trade deal. Photo: AP
China coronavirus could hit Beijing’s ability to meet US trade war deal import demands
- Coronavirus originating in Wuhan has sent agriculture commodity prices tumbling and led to extended shutdown of Chinese factories and markets
- Many analysts, already sceptical about China’s ability to buy US$200 billion of US goods in next two years, say impact of virus could cause further problems
Topic |
Coronavirus outbreak
The outbreak has driven down commodity prices and placed huge swathes of Chinese territory on lockdown, potentially disrupting purchasing demands in the US-China trade deal. Photo: AP