US-China Phase One deal inching towards brink of collapse
Increasing signs that what began as a trade war has now morphed into a full-blown tech and political war
Beijing
AS US-China tensions continue to rise, the Phase One trade deal signed earlier this year between the world's two largest economies may not outlive the Covid-19 pandemic.
Although it's in the interest of both countries to keep the relationship on track as a total breakdown could increase the current economic slowdown, Washington and Beijing are locked in a war of words that could imperil the deal that that took months to negotiate.
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