The US and China signed their long-awaited trade deal in January 2020, with the conditions of the agreement taking effect one month later. Photo: EPA-EFE
China’s US trade deal commitments more than 30 per cent short of year-to-date target, report says
- China’s total purchases of US goods in 2021, as of the end of May, reached only 69 per cent of the pledged total, according to Chinese import data
- Energy purchases reached just 34 per cent of China’s five-month target, based on US export data, but Chinese import data put that figure at 54 per cent
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The US and China signed their long-awaited trade deal in January 2020, with the conditions of the agreement taking effect one month later. Photo: EPA-EFE