SOURCE >>China-US Focus

Possible delay seen in phase one trade deal as US battles virus

The implementation of the China-US phase one trade deal may be put off this year as the US battles the spreading coronavirus and the country's agriculture sector may face a delivery problem, experts said.
Source: Global Times | 2020/3/28 16:14:51

Foundation for Trump's trade war shows cracks

The foundation for US President Donald Trump's relentless trade war against China is starting to show cracks, as the White House seems under pressure to consider removing their punitive tariffs on Chinese imports, due to the acute blow caused by the spreading coronavirus pandemic, Chinese trade experts said on Sunday.
Source: Global Times | 2020/3/22 18:50:10

Coronavirus outbreak in US may delay China's soybean purchase

China's massive purchases of US soybeans are likely to be put off to the second half of the year due to high US soybean prices and weakening demand in China resulting from the coronavirus outbreak. Based on the terms of the phase-one trade deal, China will buy $32 billion worth of agricultural products over two years.
Source: Global Times | 2020/3/12 19:53:40

US, China must assume reciprocal obligations in financial services opening

The financial services part of the phase one trade deal, featuring obligations from both sides that are basically reciprocal, has once again testified to China's efforts to liberalize its financial sector, the People's Bank of China (PBC), the country's central bank, said on Thursday.
Source: Global Times | 2020/1/16 20:08:40

Text of phase one deal balanced, fair: experts

The phase one trade agreement between China and the US reflected what Chinese officials have long stressed – that any deal must be balanced and fair and include initiatives that, if properly executed, could help address disputes and avoid further confrontation, Chinese analysts said on Thursday.
Source: Global Times | 2020/1/16 17:35:38

China may ask the US to remove tariffs before phase two talks: expert

China will need time to assess the just-signed phase one trade agreement and other complicating factors before launching negotiations with the US for a phase two agreement. US officials, including Vice President Mike Pence, who claim the talks are already underway may be getting ahead of themselves, a government advisor and experts said on Thursday.
Source: Global Times | 2020/1/16 15:53:40

Chinese Vice Premier Liu He addresses media after signing phase one trade deal

After signing the phase one trade deal with US President Donald Trump, Chinese Vice Premier Liu He issued a statement at a news conference.
Source: CGTN | 2020/1/16 8:23:06

Wall Street climbs as US-China phase-one trade deal in focus

US stocks traded on an upbeat note on Wednesday as Wall Street is keeping a close eye on the long-awaited phase-one trade deal with China.
Source: Xinhua | 2020/1/16 8:02:29

China's trade delegation has a busy schedule besides signing a deal

The Chinese trade delegation's trip to Washington has a packed agenda which indicates China's goodwill toward the US business community, and the emerging country's commitments to contribute to global governance and building a better and broadly prosperous world, analysts said.
Source: Global Times | 2020/1/15 23:58:40

China-US trade deal to boost growth: experts

As Chinese Vice Premier Liu He on Monday boarded a plane to Washington to sign a phase one trade agreement, the 14-hour flight marked his seventh trans-Pacific trip, about 145,000 kilometers, or nearly 200 hours, since the US launched the trade war against China nearly two years ago.
Source: Global Times | 2020/1/13 21:33:40

China's CNPC 'has no plans' to recall staff from Iraq oil projects yet: source

China National Petroleum Corp (CNPC), one of the leading oil companies in the world, had no plans to pull staff from its oil projects in Iraq despite rising tensions in the region, a source close to the company told the Global Times on Wednesday.
Source: Global Times | 2020/1/8 19:01:37

Uncertainty remains over date for signing phase one deal

There is still uncertainty regarding when China and the US will sign the phase one trade agreement as final details remain to be worked out and other complicating factors have arisen, such as the escalating conflict between the US and Iran, Chinese analysts said on Monday.
Source: Global Times | 2020/1/6 22:48:40

Elections, US economy affecting Trump: expert

Is the new year a fresh start for China-US trade relations?
Source: Global Times | 2020/1/1 19:53:41

Chinese experts split over phase one deal's significance for China-US ties

Chinese experts on Saturday debated how the phase one trade agreement will impact China-US relations, with some arguing that the deal is too superficial to bring down tensions. Others suggested that the agreement could mean a turn for the better.
Source: Global Times | 2019/12/21 15:28:53

Wang Yi: China-US phase one trade deal 'good news for all'

China and the United States' "phase one" trade agreement is good news for all and will "provide stability in global trade", Chinese State Councilor and Foreign Minister Wang Yi said Saturday when holding a joint press conference with his Slovenian counterpart Miro Cerar.
Source: CGTN | 2019/12/15 9:46:07

First stage of China-US trade deal near?

Are China and the US on the way to reaching the first stage of a trade agreement? How far away is the realization of this goal? For some time, both sides have been sending out messages. The US actually contributes more information, but these messages often cancel each other out. It is still uncertain when a consensus can be reached for a phase one trade deal.
Source: Global Times | 2019/12/1 23:23:43

US Fed survey shows modest economic growth, higher costs from tariffs

The US economy expanded "modestly" from October through mid-November while retailers reported higher costs resulting from tariffs, according to a Federal Reserve survey released on Wednesday.
Source: Xinhua | 2019/11/28 10:56:44

Private sector strong amid trade war

Although the long-lasting China-US trade war has weighed on Chinese exporters over the past year, it turns out the country's export-oriented private sector has grown even stronger as tax breaks from the central government and a shift in overseas markets gradually take effect.
Source: Global Times | 2019/11/27 22:58:40