Experts tell us how coronavirus will weaken China's position as a global trade partner — and endanger its phase-one deal with the US
Business Insider -

The coronavirus is jeopardizing China's ability to meet obligations it agreed to as part of the phase-one trade deal with the US.

China pledged to buy an extra $200 billion worth of US goods over the next two years, but the outbreak is harming the country's purchasing power and demand for numerous imports, according to Stephen Roach, senior lecturer at the Yale School of Management.

The pandemic also delays the face-to-face meetings needed to coordinate such large purchases, said Mary Lovely, an...

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