Will China Declare Force Majeure If Virus Situation Worsens?

The video discusses the market's reaction to China's follow-through on the phase one trade deal with the US, highlighting relief despite the coronavirus crisis. It explores the concept of force majeure and potential trade flexibility due to the pandemic. The economic impact of the coronavirus is speculated upon, with comparisons to past outbreaks. The video also considers the possibility of the US being more lenient with China in trade commitments, especially in an election year, due to the global economic implications of the virus.

What are the implications of China's follow-through on the trade deal for the US administration?

How does the concept of force majeure relate to the current trade situation between the US and China?

What steps are being taken by Chinese authorities to manage the economic impact of the health crisis?

In what ways might the US adjust its trade expectations with China due to the current economic situation?

What potential global economic effects could arise if the health crisis escalates beyond a regional issue?