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#China to ramp up purchases under Wed #trade deal by $200bln over 2 years using 2017 as base. Big question in US biz community how China reaches goal. ~$80bln for manufacturing means cars, aircraft. Would #China buy in econ slowdown, stalled market? One calls it “pure fantasy”.
Another flaw in the purchasing goals: so many issues for #China market left unaddressed. US biz says big purchases of farm goods, energy possible because of need. But for manufactured goods, services, they say need better access, reforms in Chinese market. 🤔
Finally, if purchase targets set so high, it is almost inevitable they will be a source of conflict in the future— which doesn’t help ease uncertainty. 😬 #China #trade
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