US Commerce Sec Ross: China now understands how dependent its economy is on US – CNBC
U.S. Commerce Secretary Wilbur Ross, speaking to CNBC this Monday, was noted saying that China has now understood how dependent its economy is on the US.
• ZTE was a wake-up call for China.
• There is a very good chance of a settlement with China on immediate trade.
• The real issue is the enforcement of promises and compliance.