Simon Lester
U.S. Defense Bill Prohibits Certain Procurement from Xinjiang Region
In the $768 billion
[https://www.nytimes.com/2021/12/15/us/politics/defense-spending-bill.html] U.S.
defense spending bill that Congress recently passed (National Defense
Authorization Act for Fiscal Year 2022, H.R.4350
[https://www.congress.gov/bill/117th-congress/house-bill/4350]), there is a
DJI and Other Chinese Companies Added To U.S. Treasury Investment Blacklist
The Office of Foreign Assets Control at the U.S. Treasury Department has
[https://www.federalregister.gov/documents/2021/12/22/2021-27642/notice-of-ofac-sanctions-actions]
added
[https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20211216]
the Chinese company DJI, a maker of drones, and seven
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
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
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-
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