This past week, CTM covered the following issues. In China: * Lower tariffs on imports from certain least developed countries * Import suspensions on certain animal products * Fines on foreign and domestic banks * Local government funding of semiconductors/advanced manufacturing * Semiconductor association pushes back against foreign government export controls In the U.

Yesterday, a bipartisan duo of members of Congress announced that they had introduced legislation that would push back against the labelling of China as a "developing country" in international organizations.

A Republican Congressman has introduced legislation that would push the Biden administration to negotiate rules to limit China's use of a certain kind of export subsidy.

In a letter sent last week, U.S. Senators Richard Blumenthal (D-CT) and Jerry Moran (R-KS) wrote to Treasury Secretary and Committee on Foreign Investment in the United States (CFIUS) Chair Janet Yellen about concerns with TikTok.

A bipartisan group of Senators has introduced legislation that would restrict purchases of drones from China and other countries considered to be national security threats.

Last week, the U.S Justice and Commerce Departments announced the launch of the "Disruptive Technology Strike Force," which will ratchet up enforcement of existing laws that are designed to prevent advanced technologies being "acquired or used by nation-state adversaries."

Members of Congress in both the House and the Senate have introduced legislation to block China and other adversaries from purchasing land near U.S. military bases.