Wednesday, January 15, 2020

US, China conclude Phase 1 of trade commitments



Thomas Franck reports in CNBC about today's agreement between the U.S. and China.
The phase one deal is seen as a sort of truce and includes concessions by the Chinese to crack down on intellectual property theft and the forced transfer of American technologies. But it also includes import targets for Beijing, which has promised to buy a host of American products as the two sides work toward a permanent bilateral agreement.
Read more here.

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