Huan Zhu
China Says It Will Enhance Support for Export Credit Insurance
A recent document issued by the Chinese government states that it will enhance the use of export credit insurance to stabilize foreign trade, and emphasizes that it will be applied to both domestic and foreign companies equally.
China Expands Russian Wheat Imports
China's Customs recently announced that it will allow wheat imports from the entirety of Russia, rather than only certain parts of Russia as was previously the case.
China and Hong Kong Ban Poultry from Canada over Bird Flu
China recently announced that it would suspend imports of poultry and poultry products from Canada to prevent the spread of H5N1 bird flu, effective on February 21. Similarly, Hong Kong also said it would ban poultry products from parts of Canada, as well as from Germany and Spain.
China Updates List of E-Commerce Imported Products Subject to Lower Taxes
On February 21, the Chinese government released an updated list of cross-border e-commerce products that are subject to lower taxes when imported under a designated value threshold.
Beijing Says It Will Sanction US Defense Firms over Taiwan Arms Sales
During a recent press conference, China’s Ministry of Foreign Affairs spokesperson said that China would impose sanctions on two U.S. defense firms, Raytheon and Lockheed Martin, over arms sales to Taiwan.
Taiwan Introduces Amendments to Enhance Technology Protection
Taiwan's executive branch recently passed drafts to amend two laws, eyeing stronger protection on core technologies (most likely advanced technologies controlled by Taiwan Semiconductor Manufacturing Company) and restrictions on related personnel flows.
China and New Zealand Upgrade FTA
China and New Zealand recently announced that an upgraded set of bilateral trade rules would come into force in April. The new rules would facilitate trade in goods and services and could boost bilateral trade flows.