Daily News

PIIE: China has met just over 51 percent of its year-one purchasing commitments

December 29, 2020
China remains well behind the pace needed to reach its purchasing commitments under its phase-one trade deal with the U.S., according to a newly updated Peterson Institute for International Economics tracker that relies on U.S. Census data. In November, China had purchased just 51 percent of the total it committed to for all of 2020 across agriculture, manufactured goods and energy, according to the tracker. For agriculture, China purchased 67 percent of its promised 2020 purchases, the tracker shows; 51...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on the trade relations with China and the changes being made by the Biden administration.