Simon Lester
U.S. Senators Request CFIUS Review of Chinese Company's Purchase of North Dakota Land
Citing national security concerns, three U.S. Senators are requesting that the Committee on Foreign Investment in the United States (CFIUS) review Chinese food manufacturer Fufeng Group’s purchase of roughly 370 acres of land near the Grand Forks Air Force Base in North Dakota.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Chinese antitrust penalties and acquisition approvals;
* final rules on data transfers;
* the launch of an FTA negotiation with Nicaragua;
* eased rules on the import of food products related to COVID concerns;
* a Chinese company's planned purchase of a
House GOP Leaders Continue Push on TikTok Data Issues
U.S. House Republican Committee leaders today sent two letters related to TikTok, one calling on the Biden administration "to step up to hold [TikTok] accountable," and the other "to demand answers from TikTok leadership."
India's New Telecoms Rule Restricts Huawei, ZTE
A change to India's telecoms rules will make it more difficult for Huawei and ZTE to compete in the Indian market, including in 5G networks.
U.S. House Members Press Biden Administration on Forced Labor Law
Earlier this week, Congressman Tim Ryan (D-OH) and six House colleagues wrote a letter urging the Biden administration to "aggressively enforce" the Uyghur Forced Labor Prevention Act (UFLPA) and "provide Congress with additional information on how the law is being applied to Chinese solar companies."
EU Trade Official Comments on China Trade Issues, Sets out Contrasts with U.S. Policies
At a CSIS event yesterday entitled Rethinking Trade In a Geopolitical Context: Trends and Transatlantic Cooperation, European Commission Director General for Trade Sabine Weyand offered some general remarks on EU trade policy and trade relations with the U.S., and then discussed these issues further with U.S. trade policy
UK Trade Remedies Authority Proposes Dropping China Rebar Tariffs
Today, the UK’s Trade Remedies Authority (TRA) published its "initial findings" in which it proposed that existing anti-dumping measures on imports of High Fatigue Performance Steel Concrete Reinforcement Bars (HFP Rebar) from China be revoked.