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Let's nail down 'phase one' before moving to the next

China Daily | Updated: 2019-10-14 07:47

It has been a long time coming, but finally there seems to have been a breakthrough in the trade dispute between China and the United States.

Although a comprehensive deal is said to be still in the works, the positive developments from the latest round of trade negotiations between the two sides - if delivered - are extremely welcome news.

Heralded as a very substantial phase one deal by the US president, and a lot of progress in a very positive direction by China's chief negotiator Vice-Premier Liu He, the two sides have apparently reached agreements in a wide range of areas including agriculture, intellectual property protection and technology transfers, exchange rates, financial services, expanding trade cooperation and dispute settlement.

Let's nail down 'phase one' before moving to the next

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