In a speech hosted by the U.S-China Business Council last Thursday, U.S. Treasury Secretary Janet Yellen offered remarks on China-U.S. economic relations, focusing on three issues: The foundations of the administration's China economic strategy, the progress made over the past year, and plans

This past week, CTM covered the following issues.  In international relations: * China-Vietnam meeting * China-Australia trade in meat and barley * China-Singapore FTA upgrade In China: * State council document to integrate domestic and foreign trade * MOFCOM comments on Italy's withdrawal from the BRI and graphite export licensing

Last week, Sen. Rick Scott (R-FL) proposed a Section 232 investigation that could lead to additional import restrictions on Chinese garlic for "security" reasons, and also proposed or put forward legislation to restrict or ban Chinese garlic and seafood imports.

Yesterday, the bipartisan House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party adopted policy recommendations in a report that, the Committee said, "outlines a strategy to fundamentally reset the United States' economic and technological competition with the People's Republic

In two recent conversations, U.S. Commerce Secretary Gina Raimondo and Under Secretary of Commerce for Industry and Security Alan Estevez offered some explanations of how they see the role of U.S. export controls in denying China access to U.S. technology.

An important source of the China-Australia trade tensions in recent years was Chinese restrictions on Australian beef exports. As China and Australia continue to address these trade tensions, China has now lifted some of its restrictions on Australian meat exporters.

Last week, the WTO held a trade policy review for Hong Kong. In addition to comments on trade policy, the U.S., EU, and UK all made critical comments about China's actions that have led to the "erosion" of Hong Kong's "autonomy."