U.S.-China relations will stay tense forward of election, says former American ambassador to Beijing

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There shall be little progress within the section one commerce deal forward of the U.S. presidential election in November, former U.S. ambassador to China Max Baucus mentioned on Tuesday. President Donald Trump signed the partial trade deal with Beijing in January, however the coronavirus pandemic has since hammered China’s financial system. There are actually doubts if the Asian large will have the ability to fulfill its commitments to giant purchases agreed to within the deal. These “odds are diminishing,” mentioned Baucus, who served as ambassador to China from February 2014 to January 2017, below former President Barack Obama’s administration. According...