Daily Memo: Chinese Imports Fall Short, India’s Vaccine Diplomacy

The EU-China "phase one" deal had disappointing results.

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Phase one flop. Chinese imports from the U.S. in 2020 fell far short of Beijing’s purchasing commitments in the “phase one” trade deal inked last January. Chinese customs data suggests China fulfilled just around 58 percent of its purchasing targets for the year. The deal was never going to fundamentally address core U.S.-China trade issues anyway.  South Asian vaccine diplomacy. India, […]

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