Gordon Chang, author and China expert, said Saturday on Newsmax that a trade deal between the United States and China is possible but unlikely to happen quickly, citing Beijing’s resistance to fundamental economic reforms.
“There very well could be a deal, but I think it’s going to take quite some time,” said Chang, author of “The Coming Collapse of China,”on “Wake Up America Weekend.” “We’ve had a trade deal with China — many of them.”
Treasury Secretary Scott Bessent “is talking about a deal that will rebalance the Chinese economy. That means structural change. [Chinese President] Xi Jinping has been adamantly opposed to structural change of the Chinese economy,” he said.
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