Huan Zhu
Beijing IP Court Issues Typical Anti-Trust Cases
On March 16, the Beijing Intellectual Property Court held a press conference in which it provided a summary report report on ten typical anti-trust cases. Officials also introduced the newly established Competition and Monopoly Committee.
2022 Chinese Tax Exemption for Semiconductors Opens for Application
According to a recent notice issued by five Chinese agencies, as of March 25, companies that want to benefit from the preferential tax policy for the integrated circuit and software sectors in 2022 will have to submit their application within three weeks from that date. The notice lays out the
SEC Adds One Chinese Company for Delisting
The U.S. Securities and Exchange Commission (SEC) added one Chinese company to the provisional list of companies that fail to comply with U.S. auditing requirements.
U.S. Reinstates Tariff Exclusions for 352 Items
The Office of the U.S. Trade Representative (USTR) recently issued a list of products from China that would be excluded from the Section 301 tariffs. In response, Chinese officials called for the elimination of all the Section 301 tariffs.
US-UK Steel/Aluminum Tariff Deal Involves Scrutiny of Chinese Ownership of UK Company
A recent resolution of a U.S.-UK trade dispute over steel and aluminum tariffs will lead to an audit of the financial records of a Chinese-owned UK steel company, in order to "assess influence from the People’s Republic of China government."
Several African Foreign Ministers Visit China
Recently, Chinese Foreign Minister Wang Yi met with the foreign ministers of Zambia, Algeria and Tanzania, with the meetings involving discussions of bilateral economic relations, the Belt and Road Initiative, and Ukraine.
Chinese Foreign Affairs Official Comments on U.S. Led Indo-Pacific Strategy
In recent remarks, the Chinese Vice Minister of Foreign Affairs referred to the Indo-Pacific Strategy led by the Biden administration as an effort that will "tak[e] the region down the wrong path of fragmentation."