China faces ‘huge challenge’ in living up to US trade promises as it ‘needs to buy US$300bn worth of goods in next two years’

China has released fewer details about its trade deal with the US than the American side has – a sign of caution as one government adviser warned it would be a “huge challenge” for Beijing to live up to its commitments.While the United States has released details such as the value of American products China has agreed to buy, Beijing’s statement focused more on the broad principles of the “phase one” agreement.Observers said this reflected Beijing’s concern about possible mishaps ahead of a…

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