China shouldn’t be let off the hook in terms of its US energy deal
Since the deal was signed, China’s imports of US energy have barely ticked higher, and the coronavirus pandemic can’t take all the blame
21 April 2020 - 12:08
Launceston — Lost among the havoc being wreaked on crude oil markets by the coronavirus crushing the world economy is the complete and utter failure so far of the deal for China to massively increase imports of US energy.
It may be tempting to think that the collapse in US crude prices will be enough to bolster the trade, which has only spluttered since Washington and Beijing signed a deal aimed at helping efforts to balance trade between the two...
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