Australia's Productivity Commission, which is the Australian Government's independent research and advisory body on a range of economic, social and environmental issues, has written about the economic gains from China joining the CPTPP.

On Friday, the Biden administration issued final rules on tax credits for electric vehicles (EVs), restricting the use of Chinese inputs in these EVs, although apparently not enough for some critics.

Last week, the United States and Taiwan, under the auspices of the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO), held an in-person negotiating round for the U.S.-Taiwan Initiative on 21st-Century Trade in Taipei, Taiwan.

This past week, CTM covered the following issues. In China: * New tariff law * Blinken's China trip * MOFCOM comments on overcapacity in new energy sector and Japan’s export control proposal * SPS announcements In the U.S.: * Democratic Senators weigh in on Section 301 tariff review * Federal Reserve paper

With one U.S. investment already in place, a major Chinese solar manufacturing executive made comments recently indicating that the Chinese industry may have to expand these investments in order to sell in the U.S. market.

As the U.S. Trade Representative's Office (USTR) continues its review of the Section 301 tariffs imposed by the Trump administration on the basis of China’s policies in the area of intellectual property, technology transfer, and innovation, a group of seven Democratic Senators, led by Sherrod Brown

A dispute between the Peruvian government and a Chinese company building a port in Peru has taken the first step towards an investment arbitration proceeding, although there is still time for the parties to work out their differences.