Huan Zhu
China Opens More to Foreign Investment, with Some Twists
On January 1, 2022, China's two updated negative lists for foreign investment came into effect. On paper, the shortened lists, with fewer sectors excluded from foreign investment, mean foreign investors are allowed to invest in more areas than before, with the auto and telecommunications manufacturing sectors being of
China Publishes List of Trade Remedy Cases Set to Expire
China’s Ministry of Commerce recently notified that three anti-dumping and countervailing measures are about to expire in the second half of this year. Unless the domestic industry or the agency initiates an expiry review, the measures will be terminated.
U.S. Treasury Lists Chinese Companies and Individual for Illicit Drugs
On December 15, the U.S. Treasury Department added one Chinese individual and
several Chinese companies to a designated list on the basis of their involvement
in illicit drug trade. The designated persons and related personnel would be
subject to sanctions, including blocking assets and denial of entrance into the
China Addresses Administrative Market Barriers
China's National Development and Reform Commission (NDRC) recently issued 18
cases of local governments creating market barriers to curb competition, and
stated that it will continue working with other agencies and third-parties to
launch investigations to ensure the negative list system is fully implemented.
The NDRC announcement, No.
China Plans to Adjust Some Tariffs on Imports and Exports
China's Customs Tariff Commission of the State Council recently announced a
series of tariff adjustments, including voluntary tariff reductions, tariff
reductions under trade agreements, and in the meantime tariff hikes for some
items.
According to the notice
[http://www.gov.cn/zhengce/zhengceku/2021-12/15/content_5660939.htm]
WTO Members Discuss Chinese Export Control Law
In recent years, China has been developing an export control law, which to some
extent is similar to that of the United States and other countries. As China is
still developing the implementing regulations, other governments have been
weighing in and raising concerns.
At the July 8 and 9, 2021
China and France Hold High Level Dialogue to Strengthen Cooperation on Trade and Financial Services
On December 13, China and France held the 8th High Level Economic and Financial
Dialogue. The two sides discussed cooperation on trade and financial services
markets, as well as macroeconomic policy coordination. Chinese Vice-Premier HU
Chunhua and French Economy and Finance Minister Bruno Le Maire co-chaired the
Dialogue.
According to