Chinese Exports: Property Rights and Bn Bn

chinese exports: In exchange for China's tentative commitment to buy more US agricultural and some other goods, and modest concessions on intellectual property rights and the yuan, the US agreed to withhold tariffs on another 160bn 124bn worth of Chinese exports, and to roll back some of the tariffs introduced on 1 September, according to The Guardian. The good news for investors is that the deal averted a new round of tariffs that could have tipped the US and the global economy into recession and crashed global stock markets. But there is actually very little to cheer about. The bad news is that it represents just another temporary truce amid a much larger strategic rivalry encompassing trade, technology, investment, currency and geopolitical issues. As a result, a broad Sino-American decoupling will likely intensify over time and is all but certain in the technology sector. Large-scale tariffs will remain in place and escalation may well resume if either side shirks its commitments. (news.financializer.com). As reported in the news.