China Import Slump Casts Gloom

The transcript discusses the impact of the global slowdown and trade war on China's economy, highlighting a significant drop in exports and imports. China's GDP growth is at its slowest pace in nearly three decades. Despite a phase one trade agreement, existing tariffs remain, and Beijing maintains a cautious view, seeing the deal as a trust exercise rather than a resolution.

How has the Chinese government responded to the phase one trade agreement?

What does the view from Beijing suggest about the trust in the current trade negotiations?