Huan Zhu
MOFCOM Comments on U.S. Outbound Investment Restrictions and Trade Barrier Investigation
At yesterday's press conference, the spokesperson for China's Ministry of Commerce (MOFCOM) commented on the recent U.S. executive order that restricts outbound investment in China, and provided updates on the ongoing trade barrier investigation against Taiwan and China's export controls on gallium and
Panel Finds Chinese Retaliatory Tariffs Violate WTO Obligations
Yesterday, a WTO panel found that tariffs imposed by China in response to U.S. tariffs on steel and aluminum imports were in violation of WTO obligations.
China Issues Preliminary Anti-Dumping Ruling on Taiwanese Plastics
This week, China's Ministry of Commerce (MOFCOM) issued its preliminary determination in the anti-dumping investigation on polycarbonate (PC) imported from Taiwan, with anti-dumping duties of up to 22.4%.
Beijing Takes New Steps to Attract Foreign Investment
China's central government recently announced new measures to attract foreign investment. These measures cover policies related to market access, national treatment, data flows, and fiscal and tax support.
Chinese Officials Push Back Against U.S. Investment Restrictions
Chinese officials pushed back against the new U.S. Executive Order that would curb certain outbound investment in China, calling it "blatant economic coercion and tech bullying" and vowing to take countermeasures.
China Lifts Tariffs on Australian Barley
On Friday, China's Ministry of Commerce (MOFCOM) announced that it was lifting the anti-dumping duties and countervailing duties it had been imposing on Australian barley, resolving a long-running trade dispute.
Business Surveys Show Degree of Optimism about the Chinese Market
Two recent business surveys show that over the first half of 2023, the majority of foreign companies are optimistic about the Chinese market. More companies reported revenue increases than companies reporting revenue losses, and among the latter, Americans firms experienced higher losses compared to other companies.