The USTR said the trade agreement would also ease pressure on foreign companies to hand over technology in order to access the Chinese market. But that pledge was seen as the result of new foreign investment legislation, which has been criticized for potential loopholes.
"It's not clear how much we moved the Chinese on tech transfer, as the new Foreign Investment Law already made it illegal to force transfer," said Mary Lovely, a trade scholar at the Peterson Institute for International Economics. "Overall, I view this as a ceasefire with significant purchases attached."