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'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,

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.

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

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.

On December 14, China’s General Administration of Customs (GACC) issued a notice providing more information related to the new registration requirements for companies that export food to China. The Notice, No.103 of 2021 (link in Chinese), is part of the implementation of the Provisions of the People'

Previously, we reported that the European Commission has discussed the role of the Chinese Communist Party (CCP) in Chinese companies in several of its recent anti-dumping rulings (see here [https://www.chinatrademonitor.com/eu-anti-dumping-decision-on-aluminum-converter-foil-discusses-role-of-ccp-in-company-management/] , here