US officials have called for 'concrete action' from China to make good on its commitment to purchase US$200 billion in additional us goods and services in 2020 and 2021 under the 'Phase 1' trade deal signed by former President Donald Trump.
The officials said Washington was losing patience with Beijing, which had 'not shown real signs' in recent months that it would close the gap in the two-year purchase commitments that expired at the end of 2021, reports Reuters.
Through November, China had met only about 60 per cent of the goal, according to trade data compiled by Peterson Institute for International Economics senior fellow Chad Brown.
US President Joe Biden has said the trade deal did not address the core problems with China's state-led economy, but US officials have pressed Beijing to make good on the deal as signed.
'Because we inherited this deal, we engaged the (People's Republic of China) on its purchase commitment shortfalls, both to fight for US farmers, ranchers and manufacturers and give China the opportunity to follow through on its commitments. But our patience is wearing thin,' said one of the officials.
China continued to engage with US officials on the issue, but Washington was seeking 'concrete action', not 'talks for the sake of talking?? the official added.
A spokesperson for China's Embassy in Washington last week said Beijing has worked to implement the Phase 1 agreement 'despite the impact of Covid-19, global recession and supply chain disruptions'.
SeaNews Turkey
The officials said Washington was losing patience with Beijing, which had 'not shown real signs' in recent months that it would close the gap in the two-year purchase commitments that expired at the end of 2021, reports Reuters.
Through November, China had met only about 60 per cent of the goal, according to trade data compiled by Peterson Institute for International Economics senior fellow Chad Brown.
US President Joe Biden has said the trade deal did not address the core problems with China's state-led economy, but US officials have pressed Beijing to make good on the deal as signed.
'Because we inherited this deal, we engaged the (People's Republic of China) on its purchase commitment shortfalls, both to fight for US farmers, ranchers and manufacturers and give China the opportunity to follow through on its commitments. But our patience is wearing thin,' said one of the officials.
China continued to engage with US officials on the issue, but Washington was seeking 'concrete action', not 'talks for the sake of talking?? the official added.
A spokesperson for China's Embassy in Washington last week said Beijing has worked to implement the Phase 1 agreement 'despite the impact of Covid-19, global recession and supply chain disruptions'.
SeaNews Turkey