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
WTO

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
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