This past week, CTM covered the following issues.
In China:
- Meetings with Indonesia deepened trade cooperation;
- China and the EU held a High-Level Economic & Trade Dialogue;
- Beef imports from a U.S. company were suspended;
- Anti-dumping duties on electrical steel were extended;
- A new paper provides recent data on the BRI.
In the U.S.:
- Newly adopted legislation on subsidies for the semiconductor industry places limits on U.S. investment in China for these products;
- Another piece of legislation would block federal government funds from going to blacklisted Chinese companies;
- Congressional hearings discussed issues such as Chinese export restrictions on fertilizer and trade measures against Lithuania;
- A Senator weighed in on a planned investment by a Chinese company in North Dakota.
In Europe:
- A Swedish appeals court ruling upholding a government decision to ban Huawei equipment in its 5G market, citing national security concerns;
- A UK decision to block a Chinese company's licensing deal based on national security concerns;
- An EU anti-dumping measure extension discussed the role of the CCP in company management.
