MARKET FAITH SHAKEN IN US-CHINA TRADE DEAL

With the announcement of the signing ceremony of "phase-one" of trade deal between Washington and Beijing the faith of investors, business and consumers have uplifted. This glee, however looks misplaced. Investors betting on the positive conclusion to the US-China trade deal are likely to be disheartened.

Under the phase-one of the trade deal, China is promising the US to increase its imports, such as agricultural purchases....