Chinese President Xi's keynote address at the opening of the 20th Communist Party Congress touched on trade-related issues such as development, technology, supply chains, and the Belt and Road Initiative. While he mentioned "expanding institutional opening up," he also emphasized "self-reliance in high-

Taiwanese government officials and representatives of tech companies visited the United States last week to boost bilateral collaboration on 5G, semiconductors, and renewable energy. The Taiwanese government estimated that the trip would generate nearly 1 billion USD worth of R&D investment and new orders for Taiwanese businesses.

At a recent think tank event in Washington DC, experts discussed the economic impact of the China shock, especially on the U.S. economy. While they had differing views on the level of the actual impact, all of them considered that a greater level of some form of government intervention

A U.S. Commerce Department official provided some details on the thought process behind the sweeping export control rules announced last Friday, reiterated the goal of "maintain[ing] as large of a lead as possible" on key technologies over China, and vowed to work with partner countries.

According to a recent document issued by China's State Council, Shanghai, Hainan and other cities are opening tourism and elderly care to foreign investment as part of a three-year pilot program. This is the latest move for the nation to attract foreign investment, with its economy facing

China's customs agency said that it will start allowing imports of rapeseed meal and soybean meal from Belarus that satisfy certain sanitary and procedural requirements.

The U.S. government is ratcheting up its export controls on China, as it announced sweeping export restrictions that would curb China's ability to access or produce advanced chips and supercomputers.