Four new bills have recently been introduced in the U.S. House of Representatives to limit U.S. investment in China.

Yesterday, the European Commission announced that it had imposed definitive anti-dumping duties on imports of certain polyethylene terephthalate ("PET") from China, affirming the provisional duties it imposed last November.

Today, the European Commission announced two subsidies investigations of companies with ties to China, related to bids on a Romanian government solar project.

Last week, the U.S. Trade Representative's Office issued its 2024 report on foreign trade barriers. The section on Chinese laws and regulations is mostly the same as the previous year, but new concerns on government procurement, labor, and export restrictions have been added.

At the March 20-22, 2024 WTO SPS Committee meeting, the U.S. made two statements relating to issues it had previously raised on Chinese measures, on the listing of foreign establishments able to export to China and on import restrictions based on avian flu, and later submitted those statements

This past week, CTM covered the following issues. In China: * China-Netherlands meetings  * Officials meeting with global CEOs * New rules on cross-border data flows * Termination of trade remedies on Australian wine * New negative lists for services trade In the U.S.: * Revisions to U.S. anti-dumping and countervailing

Last month, the European Commission announced the first ever in-depth investigation under its new Foreign Subsidies Regulation, targeting CRRC Qingdao Sifang Locomotive Co., Ltd., a subsidiary of CRRC Corporation, a Chinese state-owned train manufacturer. In reaction to that investigation, CRRC withdrew its bid for a Bulgarian procurement contract.