Last week, the U.S. Securities and Exchange Commission (SEC) announced that Clear Channel Outdoor Holdings Inc. "agreed to pay more than $26 million to resolve charges that it bribed Chinese government officials to obtain outdoor advertising contracts in violation of the Foreign Corrupt Practices Act (FCPA)."

Over the last several years, there have been a number of products from Australia that were subject to import restrictions by China. One of the lesser-known of these products was hay. Reports indicate that these restrictions have now been removed.

This past week, CTM covered the following issues. In China: * China-EU High-Level Trade and Economic Dialogue * White paper on China's vision for globalization * MOFCOM comments on various trade issues * Data on outbound investment * Auto industry responds to EU anti-subsidy investigation on EVs In the U.S.: * Updates on

A publication specializing in news about investment arbitration has reported that litigation over Chinese investments in Mexican lithium mining might be in the works after the Mexican government cancelled concessions held by a Chinese company's Mexican subsidiaries.

In a new research paper, analysts from the American Action Forum have offered estimates of the impact of revoking permanent normal trade relations for China.

At a U.S. Senate Agriculture Committee hearing today, several Senators and witnesses discussed the issue of Chinese ownership of U.S. farmland, noting that the data was clear that this type of investment was fairly limited at the moment (0.03% of all U.S. agricultural land), but nonetheless

Just as the U.S. has been rethinking its economic relationship with China in recent years, Europeans have begun doing the same thing, to some extent in response to pressure from the U.S. As part of a recent trip to China, European Commission Executive Vice-President Valdis Dombrovskis gave several