Today, the European Parliament, the EU Council, and the European Commission announced a "breakthrough" on the main outstanding issues in the legislative process of the Anti-Coercion Instrument (ACI), bringing the measure closer to entry into force. Various Chinese government actions could be targeted by this measure.

Last week, the House Foreign Affairs Committee's Indo-Pacific subcommittee held a hearing on "Renewed U.S. Engagement in the Pacific: Assessing the Importance of the Pacific Islands," with members of Congress asking questions of several Biden administration officials.

A new report by a pair of scholars looks at Chinese lending in Latin America and the Caribbean, concluding that while loan amounts remain low by historical standards, the increase in lending this year "is indicative of continued Chinese interest in establishing strong diplomatic ties across the region."

A new law review article discusses the Huawei investor-state dispute settlement (ISDS) challenge to the Swedish government's decision to ban its products from the 5G network on the basis of national security concerns. The author concludes that "it is likely that the arbitral tribunal will substantially

World Bank lending to China was in the news twice last week, as the outgoing President of the World Bank discussed it in an interview and a group of U.S. Senators introduced legislation on the issue.

At a House Ways and Means Committee hearing on Friday, U.S. Trade Representative Katherine Tai testified on President Biden's trade policy agenda, touching on a number of China trade issues.

This past week, CTM covered the following issues. In China: * Xi visit to Russia * MOFCOM press conference * Semiconductor import data * Certain meat imports suspended due to disease concerns * Anti-dumping expiry review on chemical products In the United States: * U.S. Trade Representative testifies before Congress * Legislation introduced to withdraw