Simon Lester
Guest Post: 30 Years of Diplomatic Relations Between Korea and China: Changes in Trade Structure and Its Implication
This is a guest post by Kyounghwa Kim of the Korea International Trade
Association (KITA). It summarizes a longer KITA report by Bo-Hee Jun and Ui-Yoon
Jo.
The Korea International Trade Association (KITA) published a paper entitled “30
years of Diplomatic Relations between Korea and China: Changes in Trade
Structure
EU Anti-Dumping Decision on Steel Wind Towers Discusses Role of CCP in Company Management
The European Commission has adopted
[https://trade.ec.europa.eu/doclib/press/index.cfm?id=2346] definitive
anti-dumping measures on imports of steel wind towers from China. The level of
the anti-dumping duties ranges from 7.2% to 19.2%. One aspect of the
Commission's reasoning relates to
U.S. Commerce Department Adds More Chinese Companies to Entity List, Focusing on Biotech
In an announcement
[https://www.commerce.gov/news/press-releases/2021/12/commerce-acts-deter-misuse-biotechnology-other-us-technologies-peoples]
of a final rule to be published in the federal register
[https://www.federalregister.gov/documents/2021/12/17/2021-27406/addition-of-certain-entities-to-the-entity-list-and-revision-of-an-entry-on-the-entity-list]
on December 17, the Bureau of Industry and Security at the U.S. Commerce
Department said it
WTO Members Discuss Transparency of China's Subsidy Notifications
At the July 8 and 9, 2021 meeting of the WTO's Council for Trade in Goods, for
which the minutes have just recently been circulated by the WTO
[https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/G/C/M140.pdf&Open=True]
, several WTO
Chinese Purchase of Korean Semiconductor Company Rejected in CFIUS Review
In mid-September, we wrote about
[https://www.chinatrademonitor.com/cfius-and-korean-government-finishing-up-security-review-of-chinese-purchase-of-korean-semiconductor-company/]
a CFIUS review of a proposed purchase of a South Korean semiconductor company by
a Chinese equity fund. The purchase has now been cancelled, as it could not
obtain approval from CFIUS.
In March of this year, the South Korean
U.S. House and Senate Agree To Compromise Legislation on Uyghur Forced Labor Import Ban
Having previously passed slightly different versions of legislation designed to
address forced labor in the Xinjiang Uyghur Autonomous Region (see here
[https://www.chinatrademonitor.com/senate-passes-uyghur-forced-labor-bill/] and
here
[https://www.chinatrademonitor.com/u-s-house-of-representatives-passes-uyghur-forced-labor-bill/]
), the U.S. House of Representatives and Senate have now reached a compromise
and drafted legislation that
Secretary of State Blinken Speaks about Indo-Pacific Economic Framework in Indonesia
As part of his visit to a number of Asian countries, U.S. Secretary of State
Antony Blinken gave a speech
[https://www.state.gov/a-free-and-open-indo-pacific/] yesterday about various
aspects of the Biden administration's Indo-Pacific strategy, including the
Indo-Pacific Economic Framework that has been promoted
[https://www.chinatrademonitor.