China Trying to 'Overcome' Obstacles to Phase One Purchase Commitments, Official Says
China declined to say last week whether it’s meeting its purchase commitments under the U.S.-China phase one deal but suggested doing so has been challenging. “China has worked hard to overcome the multiple adverse effects caused by the impact of…
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the epidemic, the global economic recession, and supply chain disruptions,” a Commerce Ministry spokesperson told reporters Jan. 13. The spokesperson added that the agreement has been “beneficial” for both sides despite reports China isn’t buying enough U.S. goods (see 2111230014). China and the U.S. remain in communication, the spokesperson said, declining to say whether China wants to pursue phase two negotiations. “It is hoped that the U.S. side can create a favorable atmosphere and conditions for the expansion of trade cooperation between the two sides,” the spokesperson said.