Economics

China Posts Record Trade Year Despite Subdued US Exports

When China’s Vice Premier Liu He attends the World Economic Forum’s annual meeting in Davos this week, it will mark the first time a senior Chinese official has attended since the pandemic began.

Recall that three years ago this week at a White House, China and the US signed off on a “phase one” trade deal that intended to rebalance commerce between the world’s two biggest economies, mostly by China buying more American farm produce.