As part of the phase one trade deal signed in January, China agreed to buy an additional US$200 billion of American goods and services over the following two years. Photo: EPA-EFE
As part of the phase one trade deal signed in January, China agreed to buy an additional US$200 billion of American goods and services over the following two years. Photo: EPA-EFE
Economy /  China Economy

China putting US tensions over Hong Kong aside to subtly, quietly implement phase one trade deal

  • China has increased its purchases of US farm products, although it is lagging far behind the commitment for agricultural purchases in the phase one trade deal
  • Beijing has also transferred responsibility for the purchases to the Ministry of Agriculture and Rural Affairs, suggesting they are no longer a political task

Topic |   US-China trade war
Orange Wang
Orange Wang

Updated: 9:30pm, 5 Jun, 2020

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As part of the phase one trade deal signed in January, China agreed to buy an additional US$200 billion of American goods and services over the following two years. Photo: EPA-EFE
As part of the phase one trade deal signed in January, China agreed to buy an additional US$200 billion of American goods and services over the following two years. Photo: EPA-EFE
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