Beijing promised to buy more American exports in the “Phase 1” agreement last January aimed at ending the tariff war. The two governments agreed to postpone further planned tariff hikes on each other’s goods, but penalties on billions of dollars of imports remain. China fell behind on meeting those commitments but started to catch up as demand rebounded. China is on track to be the only major economy to grow in 2020 while activity in the United States, Europe and Japan falls. The world’s second-largest economy shrank by 6.8% from a year earlier in the first three months of 2020. Growth rebounded to 3.2% in the second ... (full story)