Beijing’s Failure to Meet ‘Phase 1’ Pledges, Ongoing Trade Abuses Call for New US Policy: Experts

Beijing’s Failure to Meet ‘Phase 1’ Pledges, Ongoing Trade Abuses Call for New US Policy: Experts
This aerial photo taken on Dec. 7, 2021 shows containers stacked at a port in Lianyungang in China's eastern Jiangsu province. STR/AFP via Getty Images
Michael Washburn
Updated:
0:00

Beijing’s marked failure to meet its promises under the “phase one” trade deal signed in January 2020, and its ongoing flouting of World Trade Organization (WTO) rules and guidelines, call for a shift in how the United States and aligned nations approach commerce with the vast markets of China, experts said.

Under the agreement, China made a pledge to import higher volumes of U.S. goods in 2020 and 2021, to the tune of a total $700 billion beyond 2017 imports. The deal expired at the end of 2021 with China having imported only $221.9 billion out of a target of $380.5 billion for the two years in question.

Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
Related Topics