A food safety factory shutdown has Americans hunting for baby formula. Readying themselves for a covid-19 lockdown, Chinese in Beijing emptied store shelves. Emerging from lockdown, some in Shanghai are visiting well-provisioned markets. U.S.-China agricultural trade is booming, but many are still being left hungry. Food security, sustainability and safety remain issues.
US and PRC Governments, Trade Agreement, January 15, 2020
The United States and People's Republic of China reached a "phase one" trade agreement on January 15, 2020, following two years of a trade war.
The full text of the agreement is available in pdf form at the link below.
Below is the preamble to the agreement:
The Government of the United States of America and the Government of the People’s Republic of China (collectively the “Parties”),
RECOGNIZING the importance of their bilateral economic and trade relationship;
REALIZING that it is in the interests of both countries that trade grow and that there is adherence to international norms so as to promote market-based outcomes;
CONVINCED of the benefits of contributing to the harmonious development and expansion of world trade and providing a catalyst to broader international cooperation;
ACKNOWLEDGING the existing trade and investment concernsthat have been identified by the Parties; and
RECOGNIZING the desirability of resolving existing and any future trade and investment concernsas constructively and expeditiously as possible,
HAVE AGREED as follows [see attachment]: