US business executives still bullish on China trade deal in face of COVID-19

US business leaders operating in China say President Trump’s “Phase One” trade deal can still work, despite the massive disruptions and economic anxiety sparked by the COVID-19 flu virus epidemic. But US-China Business Council (USCBC) President Craig Allen said Thursday he sees the trade deal as a major stabilizer for bilateral business relations — so long as Beijing follows through on its commitments. “The implementation of Phase One needs to be thorough and complete and systematic and rigorous,” Mr. Allen said. “We fully expect that to be the case, and the (virus) doesn’t change any of that.”