Simon Lester
Senator Cramer Comments on Chinese Investment in North Dakota
In a recent TV interview, Senator Kevin Cramer (R-ND) weighed in on the continuing controversy over a planned investment by a Chinese company in North Dakota.
EU Anti-Dumping Duties on Molybdenum Wire from China Extended after Expiry Review
Yesterday, the EU issued a decision that extends existing anti-dumping duties on molybdenum wire from China. As part of its reasoning in the case, the European Commission considered the role of the CCP in the management of the Chinese companies under investigation.
Rubio Offers CHIPS Act Amendments Targeting China
As part of the ongoing U.S. legislative debate over the CHIPS Act of 2022, a piece of legislation that would, among other things, provide over US$50 billion to the domestic semiconductor industry, Senator Marco Rubio (R-FL) has introduced three amendments that would "address critical errors and omissions
New Paper Reports on Latest BRI Figures and Trends
A recent paper published by a Chinese university sets out BRI data for the first half of 2022, finding that the overall figures for BRI projects remained at a stable level compared to 2021, with some interesting shifts in terms of the countries and regions involved.
Congressional Republicans Introduce Bills To Stop Federal Investment in Blacklisted Chinese Firms
Several Republican U.S. Senators and Representatives have introduced legislation to prohibit federal government funds from going to blacklisted Chinese companies.
UK Government Blocks University from Licensing Vision-Sensing Technology to Chinese Company
Last week, the UK Department for Business, Energy & Industrial Strategy published a notice of final order that, based on national security concerns, blocked a Chinese company from licensing vision sensing technology from a UK university.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Fine on Didi for data use and security violations
* Cross-border penalty on a Malaysian subsidiary for financial fraud
* Extension of anti-dumping duties on synthetic fibers
* Allowing peanut imports from Brazil
In the United States:
* New 5G network agreements with Saudi