U.S. business group sees China keeping purchase commitments despite coronavirus.

The head of an American business lobbying group said on Thursday he was confident that China will still meet its "Phase 1" trade deal commitments to massively increase purchases of U.S. goods and services despite the coronavirus crisis.

Craig Allen, president of the U.S.-China Business Council (USCBC) said that the business slowdown in China could affect the timing of purchases, but both governments were committed to meeting the targets. The group represents U.S. companies doing business in and with China.

While China's commitment to increase purchases of U.S. manufactured goods, farm products, energy and services by $200 billion by the end of 2021 was "aggressive," he said U.S. industry was ready to meet the challenge.

"The coronavirus doesn't change any of that, though it might affect the timeline," Allen told a news conference in Washington.

The Chinese province at the center of the virus outbreak reported a much...

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