On December 9, the Australian government announced that Australian exports of barley to China had started up again after the removal of Chinese anti-dumping/countervailing duties following the resolution of a WTO dispute.

This past week, CTM covered the following issues.  International relations: * The 24th China-EU Summit * Chinese-Angolan Investment Agreement * China-South Korea trade ministers meeting * Italy withdraws from BRI In China: * Services trade data  * SPS notices in November In the U.S.: * New proposed rules on EV tax credits * House Committee on China

The 24th EU-China summit took place on December 7 in Beijing. Charles Michel (President of the European Council) and Ursula von der Leyen (President of the European Commission), accompanied by High Representative Josep Borrell, met with Chinese President Xi Jinping and Premier Li Qiang at two separate sessions.

Last Friday, the Biden administration proposed new rules that offer guidance on how tax credits for the sale of electric vehicles will apply when the batteries and the materials that power them are made in China and other "foreign entities of concern."

After many months of hints that it would do so, Italy has now told China that it plans to withdraw from the Belt and Road Initiative (BRI).

Last week, a federal district court judge issued a preliminary injunction that prevents a Montana law banning TikTok from taking effect, finding that the law violates several provisions of the U.S. Constitution.

A WTO panel reviewing a Chinese complaint against various Australian AD/CVD measures has announced the date for issuance of the panel report to the parties, but a settlement may be in the works before then.