‘Phase One’ US–China Trade Deal Better Than No Deal – Analysis

By Bashar Malkawi*

The ‘phase one’ trade deal between the United States and China entered into force on 14 February 2020. As part of this agreement, China agreed to make structural reforms, open up its financial services and strengthen intellectual property. China also pledged to buy at least US$200 billion in additional US goods and services over 2020 and 2021.

But after almost two years, complaints have arisen about China not meeting its obligations. According to some statistics, China has reached only 62 per cent of that target, raising the question of compliance and enforcement under the phase one deal.The United […]

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