In a speech to the Economic Club of New York last week, Treasury Secretary Janet Yellen reiterated that she is not in favor "decoupling" from China, but that China's high savings and overcapacity are a problem for the Biden administration.

At the G7 meetings held in Italy over the past few days, issues related to China were one of the key topics, with the trade language reiterating points made in the past, including the impact of Chinese policies on U.S. investments in strategic sectors.

This past week, CTM covered the following issues. In China: * China-New Zealand launched services trade talks * China-Brazil high-level meeting on agricultural trade and capacity cooperation * China-Eurasia Expo and Xinjiang Trade * New rules and court rulings on illegal data use in competition law * MOFCOM’s expiry review of anti-dumping measures on

The European Commission announced today that it had "provisionally concluded that the battery electric vehicles (BEV) value chain in China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV producers," and made a preliminary determination on duty rates of up to 38%

A May 29 hearing organized by the U.S. Trade Representative’s Office (USTR) regarding the Section 301 investigation into “China’s Acts, Policies, and Practices Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance” sought perspectives on the impact for the U.S. shipbuilding industry of China’s policies

The Standing Committee on International Trade in Canada's House of Commons is carrying out a study in preparation for the upcoming review of the USMCA (referred to as CUSMA in Canada). At its first meeting with expert witnesses, a number of issues related to trade in Chinese EVs

In a communication to the WTO's Committee on Trade and Environment (CTE) last week, China made a number of suggestions for "advancing multilateral discussions of Trade-related Climate Measures."