Guess what — China isn’t on track to come close to meeting its Phase One purchase commitments. It isn’t even on track to match its 2017 imports of U.S. goods.

Guess what —

China isn't on track to come close to meeting its Phase One purchase commitments. It isn't even on track to match its 2017 imports of U.S. goods.

(joint post with Dylan Yalbir)t.co/RZCnV3WBdY

— Brad Setser (@Brad_Setser) July 8, 2020