This past week, CTM covered the following issues. In China: * International meetings with the GCC and South Korea * Launch of an expiry review of a countervailing duty and a report to the WTO on existing countervailing duties * Officials expressed concern about U.S. legislation that discriminates against Chinese products * The

A spokesperson for China's Ministry of Commerce has raised concerns about the discrimination against foreign products that is part of the electric vehicle tax credits in the U.S. Inflation Reduction Act (IRA).

At a Congressional hearing earlier this week, a Republican Congressman pressed several banking executives about their willingness to do business with China.

The U.S. Federal Communications Commission (FCC) has expanded its list of communications equipment and services that pose a threat to national security to include equipment and services from two additional Chinese companies.

A bipartisan letter from four U.S. Senators calls on the U.S. Director of National Intelligence to do "a public analysis and review of [Yangtze Memory Technologies Co.] YMTC and the risks it presents to U.S. national security."

Two Republican members of Congress have introduced legislation that would respond to concerns about China and Russia having too much power over critical minerals around the world.

Pursuant to Article 25.11 of the SCM Agreement, China recently provided to the WTO its semi-annual report of its countervailing duty actions, covering the period January 1 – June 30, 2022.