? As early as 2018, Miles told his America friends firmly that the CCP has to sign the trade deal around end of 2019 to May 2020. But the CCP will not deliver it.
? There are many differences between the Chinese version of the agreement and the English version. We will compare them. The US side is furious about it. The 4 core differences are as follows:
- The scope and jurisdiction of the law
- Effective time, enforcement time
- The definition of state-owned enterprises, private enterprises, and law enforcement
- 176 times of requests to China and 6 times to the US
? The CCP’s propaganda of the deal is to avoid decoupling and save China. This statement aims to the Party, showing the intense fighting inside the Party.
? Prior to the signing, the US had threatened to cancel the Hong Kong’s Free Trade Zone , establish diplomatic ties with Taiwan and seize CCP officials’ overseas assets.
? Xi had planned to record a video of the signing at Zhongnanhai, but he changed his mind at the last minute and let Liu He to sign the agreement.
? This agreement has completely shattered the CCP’s credibility, which giving a huge opportunities to the foreign financial institutions.