CTM Weekly Newsletter

Simon Lester -

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.