The Trump administration is holding fast in its confrontation with China over Beijing’s illicit trade practices and other nefarious activities.
A U.S. official tells Inside the Ring that Chinese Communist Party officials in May backed away the 150-page draft agreement that was developed over several months.
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Senior Chinese officials realized the agreement would be an admission by Beijing that it was guilty of massive cyber and intellectual property theft, forced technology transfer, currency manipulation and complicity in shipping the deadly opioid fentanyl into the United States. Additionally, U.S. monitoring of Chinese compliance with such an agreement would require large-scale intelligence resources from spy agencies already taxed with monitoring global hot spots and other threats.
Read the entire article at the Washington Times.