A Republican Congresswoman wrote to President Biden and Treasury Secretary Yellen last week with concerns about a Chinese private equity firm's acquisition of a U.S. educational company that serves military personnel and therefore has data on them.

Last week, Australian Trade Minister Don Farrell traveled to China and met with his Chinese counterpart, Commerce Minister Wang Wentao, as part of the continued effort to ease tensions in Australia-China trade and foreign relations.

Last week, Netherlands-based medical device company Koninklijke Philips N.V settled a case brought against it by the U.S. Securities and Exchange Commission ("SEC") for violations of the Foreign Corrupt Practices Act ("FCPA") by its subsidiary in China.

In an interview last week on American broadcaster PBS (Public Broadcasting Service), U.S. Trade Representative Katherine Tai spoke with author and journalist Walter Isaacson about a number of trade issues, including her upcoming meeting with her Chinese counterpart and her reaction to restrictions imposed by certain U.S. states

U.S. Senators John Thune (R-SD) and Angus King (I-ME) have introduced a resolution that calls for reform of the special and differential treatment rules at the WTO, so that China is not able to self-designate as a developing country.

Last week, the European Commission announced that it had adopted two Regulations "which together renew, adjust and extend the scope of the existing measures on imports of high tenacity yarn of polyester (HTYP) from China."

This past week, CTM covered the following issues. In China: * Responses to proposed EU sanctions * Criticism of USTR Section 301 report * April trade data * Semiconductor subsidies * Potential Chinese investment in Swedish battery factory In the U.S.: * New proposed investment restrictions on real estate * Congressional criticism of Chinese labor rights