The year-long saga over a Chinese investment in Grand Forks, North Dakota has come to an end, as the Grand Forks City Council has rejected the Chinese company's land purchase there.

This past week, CTM covered the following issues. In China: * Ministry of Commerce imposes sanctions on two U.S. defense companies; starts an expiry review of anti-dumping measures on Indian chemicals * Customs Tariff Commission extends tariffs exclusions on some U.S. goods * Top officials meet with Cambodian Prime Minister * Local

Two U.S. Senators have introduced legislation to ban TikTok from operating in the United States.

At a think tank event yesterday, Deputy Secretary of State Wendy Sherman commented on several issues related to China-U.S. economic relations.

In the latest of several media interviews this week, Australia's Trade Minister has sounded positive on the prospects for continued improvements in the Australia-China trade relationship.

A Republican Senator is calling for a Committee on Foreign Investment in the United States (CFIUS) review of the licensing agreement between Ford Motor Company and Chinese company Contemporary Amperex Technology Co. Limited (CATL) that was signed earlier this week.

After Virginia abandoned its efforts to lure an investment by Ford to open a battery plant that would have licensed technology from Chinese company CATL, Michigan announced that it had reached an incentive agreement with Ford that would bring the factory there.