Vice-Premier Liu He (left) said the phase one deal he signed with US President Donald Trump will allow China to carry out domestic economic reform. Photo: DPA
China phase one deal with US will allow chance for domestic reform, despite short-term sting
- China’s long-awaited phase one trade deal with the United States could hurt certain domestic industries and harm economic growth in the short term
- But Vice-Premier Liu He says it offers China a chance to push ahead with necessary reforms
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US-China trade war
Vice-Premier Liu He (left) said the phase one deal he signed with US President Donald Trump will allow China to carry out domestic economic reform. Photo: DPA