søndag 22. desember 2019

The US and China have a trade deal, but only Washington has what it wants

The different approaches adopted by American and Chinese officials in dealing with the long-awaited first trade deal reflect their different sentiments and views on the result of the marathon deliberations. US President Donald Trump has been super proud of the accord, praising it as “a big deal”, “an amazing deal”, and “a historic deal”. In sharp contrast, Beijing has maintained a rarely seen cautious attitude, with its often superlatively upbeat state media muted and shying away from commenting on the development. The only positive word used in China’s official statement is “significant”.

In news briefings, United States officials gave detailed information and specific numbers about the accord, trying to give the impression that the deal is “measurable, enforceable and verifiable”. Chinese officials, by comparison, released just the outlines of agreement in nine areas without giving any specifics. The fact that Beijing has released fewer details about the deal than Washington might speak volumes.

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