Economics

China Doubts Long-Term Trade Deal Possible With Trump

Stage 1 in the works but Chinese downplay prospect for others
APEC cancellation adds another hurdle for a star-crossed deal

Chinese officials have warned they won’t budge on the thorniest issues. Bloomberg’s Brendan Murray reports.Source: Bloomberg

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By Shawn Donnan, Jenny Leonard and Steven Yang

October 31, 2019 at 5:04 AM EDT

Updated on

October 31, 2019 at 2:22 PM EDT

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Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a “phase one” agreement.

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