The Epoch Times U.S. Deputy Trade Representative Sarah Bianchi has raised concerns at a Washington trade conference about the Chinese regime’s failure to honor its commitments under the “phase one” trade deal signed in January 2020.
Under the agreement, which expired at the end of 2021, China promised to ramp up purchases of U.S. energy, agricultural, and manufactured products and services by $200 billion in excess of what China imported in 2017.
Speaking virtually at the 2022 Washington International Trade Conference, Bianchi said it was “really clear” that Beijing had fallen short of commitments made under the deal, according to a Reuters report. Figures from the Peterson Institute for International Economics show that through November 2021, China had imported only $221.9 billion out of a two-year target of $380.5 billion…
