This post was originally published on South China Morning Post.
US-China trade war deal reaches first anniversary as bilateral mistrust hits ‘all-time high’
One year after signing the phase one trade deal with the US, China remains far behind in its commitment to buy more American goods, though the agreement has been a vital sticking plaster in a fast deteriorating bilateral relationship, experts said.The world’s two largest economies signed the deal on January 15 last year, effectively calling a ceasefire in a trade war that saw tariffs slapped on billions of dollars worth of products and reorganised global supply chains after it was launched by…