China may not fulfill its obligations under the so-called “phase one” trade deal touted by President Trump, according to officials and analysts.
“For China, committing to and carrying out the phase one agreement is a huge challenge,” Shi Yinhong, a Chinese government adviser, said Monday. “China will need to buy something like US$300 billion worth of US products in the next two years and lots more US agricultural goods. Does China need that amount of US soybeans?”
Trump’s trade team described the deal as a “remarkable agreement” while conceding that its success depends on China. Rumblings out of Beijing suggest that Chinese officials won’t comply with