Analysis: China learned a valuable lesson in US trade talks — the value of its leverage | CNN Business

Hong Kong CNN  — 

US President Donald Trump may have touted the latest trade deal between the US and China as a win for America. But it’s Chinese leaders who have walked away with an extra spring in their step.

While full details of the agreement, reached by negotiators in London last week, remain under wraps, it appears largely to restore an earlier arrangement sealed in May, which had rapidly deteriorated as mistrust and tension between the two sides spiraled.

This time around, China has learned a key lesson: the power of its leverage

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