Huan Zhu
High-Level Officials from China and Australia Meet, Relations May Start to Thaw
Today, Australian Minister for Foreign Affairs Penny Wong visited China and met with Chinese Premier Wang Yi. Both sides expressed their willingness to push for a thaw in the currently icy bilateral relations and to reset those relations, by restarting dialogues and talks.
China Starts Anti-Dumping Investigation on Taiwanese Plastics
China's Ministry of Commerce (MOFCOM) announced that it has launched an anti-dumping investigation on polycarbonate (PC) imported from Taiwan.
China Finalizes Measures on Data Security in the Industry and Information Technology
A Chinese regulatory agency recently finalized the new rules on data security in the industry and information technology sectors, which will come into force next year. The rules set forth requirements for data classification, data protection and cross-border data flows.
Chinese Companies' Delisting Risk Averted for Now, Says PCAOB
Last week, a U.S. regulator announced that it has secured access to the audit records of Chinese firms, averting an imminent delisting crisis for over two hundred Chinese companies.
BIS Adds YMTC and 35 Chinese Companies to the Entity List
The U.S. government added Yangtze Memory Technologies Co., Ltd. (YMTC) and more than 30 other companies to the Entity List, making it nearly impossible for these companies to have access to U.S. technology and products governed under the export control regime.
China Issues Plans to Expand Domestic Demand
China's State Council issued a plan to expand domestic demand over the next decade, which includes negotiating trade agreements, expanding imports, and further opening up.
China Issues Guidelines for Cattle and Tobacco Leaves from Laos
China's Customs agency recently published regulatory requirements, as part of a domestic procedure that follows up on sanitary and phytosanitary (SPS) protocols signed between China and Laos, for cattle and tobacco leaves from Laos.