Huan Zhu
New SEC Rules Further Curb Chinese Companies’ IPOs
After the recent saga involving Chinese company Didi, which was subject to
investigations
[https://www.chinatrademonitor.com/china-tightens-data-security-scrutiny-on-technology-companies/]
by Chinese regulatory authorities only a couple of days after going public in
the United States, the U.S. Securities and Exchange Commission (SEC) is
tightening rules for Chinese companies who try
China Further Curbs Steel Exports
On July 29, China announced that it would again adjust the export tariffs for
certain steel products (including ferrochrome and high-purity pig iron), and
cancel export tax rebates for some steel products (including cold-rolled
products and hot-dipped galvanized coil). The decisions were announced through
two separate notices and will take
China Extends AD/CVD Investigation Periods on U.S. Polyphenylene Ether
On July 26, China’s Ministry of Commerce announced that it would extend the
antidumping and countervailing duty investigation periods on polyphenylene ether
imported from the United States.
The No. 17 Notice
[http://cacs.mofcom.gov.cn/cacscms/article/jkdc?articleId=170071&type=F] and
No.
18 Notice
[http:
China Issues the First Negative List for Services Trade
On July 23, China released its first negative list for cross-border trade in
services. The document entitled Special Administrative Measures for Cross-Border
Services Trade at Hainan Free Trade Port (Negative List) (2021 Edition) (
海南自由贸易港跨境服务贸易特别管理措施(负面清单)
[http://www.mofcom.gov.cn/article/zwgk/zcfb/202107/20210703180049.shtml]) will
only apply within
U.S. Raises Concerns Again at the WTO About China’s Trade Measures Related to COVID-19
On July 20, the United States made another submission
[https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/G/SPS/GEN1943.pdf&Open=True]
to the SPS Committee targeting China’s trade restrictive measures taken as a
response to COVID-19. In the submission, which is the U.
China Calls EU’s Carbon Border Tax Proposal WTO-Inconsistent
The European Commission recently proposed a package of legislative measures to
reduce the EU's carbon emissions by at least 55% by 2030, including a Carbon
Border Adjustment Mechanism
[https://ec.europa.eu/info/sites/default/files/carbon_border_adjustment_mechanism_0.pdf]
(CBAM). This proposal has drawn criticism
China Launches Expiry Review for Anti-Dumping Measures on Steel from Japan, South Korea and the EU
On July 23, the Trade Remedy and Investigation Bureau of the Ministry of
Commerce announced
[http://cacs.mofcom.gov.cn/cacscms/article/jkdc?articleId=170040&type=1] that it
would launch an expiry review investigation related to anti-dumping measures on
imports of grain oriented flat-rolled electrical steel (GOES) from