At a recent Congressional hearing, a Biden administration official and members of Congress expressed disappointment that U.S. pressure on China to change its labor practices had not been successful so far, but maintained hope that it would have an impact over the long term.

TikTok, along with its parent company Bytedance, filed a petition for review of the constitutionality of the Protecting Americans from Foreign Adversary Controlled Applications Act – which would force TikTok's divestment or ban it – today in the D.C. Circuit Court of Appeals.

Australia's Productivity Commission, which is the Australian Government's independent research and advisory body on a range of economic, social and environmental issues, has written about the economic gains from China joining the CPTPP.

On Friday, the Biden administration issued final rules on tax credits for electric vehicles (EVs), restricting the use of Chinese inputs in these EVs, although apparently not enough for some critics.

Last week, the United States and Taiwan, under the auspices of the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO), held an in-person negotiating round for the U.S.-Taiwan Initiative on 21st-Century Trade in Taipei, Taiwan.

This past week, CTM covered the following issues. In China: * New tariff law * Blinken's China trip * MOFCOM comments on overcapacity in new energy sector and Japan’s export control proposal * SPS announcements In the U.S.: * Democratic Senators weigh in on Section 301 tariff review * Federal Reserve paper

With one U.S. investment already in place, a major Chinese solar manufacturing executive made comments recently indicating that the Chinese industry may have to expand these investments in order to sell in the U.S. market.