Simon Lester
Investment Lawsuit Initiated in Panama Port Case
The controversy over the Hong Kong-based Hutchison Ports contract related to running ports on both sides of the Panama Canal has now led to an international investment lawsuit by the company against the Government of Panama.
UK Parliamentary Committee Report Targets Economic Security; Coercion and Chinese Subsidies Raised
The UK House of Commons Business and Trade Committee has published a report on economic security, with a recent update including a UK Government response to the Committee's earlier recommendations. Economic coercion and Chinese government subsidies are two key areas that were covered.
European Commission Launches New Subsidies Investigation on Wind Turbine Company
Yesterday, the European Commission announced that it was starting a new Foreign Subsidies Regulation investigation into subsidies allegedly received by Chinese wind energy company Goldwind Science & Technology Co., Ltd.
UK Political Leaders Debate Recent China Talks
Following his trip to China, which produced a package of economic and political agreements designed to expand UK market access, UK Prime Minister Keir Starmer returned home and presented the results to Parliament.
Latest U.S. Treasury Report Says China Not a Currency Manipulator, Remains on Monitoring List
Last week, the U.S. Treasury Department issued its semiannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." As has been the usual practice in recent years, China was not found to be a currency manipulator, but was kept
WTO Panel in IRA Tax Credit Dispute Finds for China
On Friday, a WTO panel circulated its report on China's complaint against tax credits under the U.S. Inflation Reduction Act (IRA). The panel found violations of several WTO obligations, and rejected a U.S. defense based on public morals.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
The Trump administration has authorized Nvidia to sell its H200 AI chips to China, with a new mechanism designed to allow the government to capture a portion of the profit from the sales, but the path forward for these exports remains precarious,