China and Taiwan News 中国和台湾新闻
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News from non-state media sources about China and Taiwan. 来自非国营来源关于中国和台湾的新闻。中英双语 Bilingual English and Chinese
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Exclusive: U.S. calls for 'concrete action' from China on trade deal

U.S. officials called on Monday for "concrete action" from China to make good on its commitment to purchase $200 billion in additional U.S. goods and services in 2020 and 2021 under the "Phase 1" trade deal signed by former President Donald Trump.

The officials said Washington was losing patience with Beijing, which had "not shown real signs" in recent months that it would close the gap in the two-year purchase commitments that expired at the end of 2021.

Source: Reuters #Feb07

https://www.reuters.com/business/exclusive-us-calls-concrete-action-china-meet-phase-1-purchase-commitments-2022-02-07/

#US #China #Trade #Beijing
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Top officials from the United States and #China discuss reducing tariffs over video conference—but experts say it may not be enough to help China’s #trade issues.

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#Trade, Commerce, #Military, and more—a tug-of-war over the waters of the Pacific Ocean. Whoever controls them controls the future.

Retired Marine Colonel #GrantNewsham said, “You really can’t overstate what is at stake here.”

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Five U.S. states are saying “no” to #TikTok, on top of #Lawsuits and restrictions on the Chinese-owned app from around the globe.

U.S.–China #Trade is dropping. U.S. manufacturing orders from #China are now down 40 percent, with freight rates from China to the West Coast plunging 90 percent.


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#China’s latest #Trade numbers are casting a shadow over growth hopes at home and abroad, as imports fell almost 8 percent in April. This comes as Chinese buyers were hoping that demand would jump immediately, but it didn’t happen.

https://ept.ms/ChinaSpyArrested_CIF