China Starts Anti-Dumping Investigation on EU Pork Products
Today, China's Ministry of Commerce announced that it will launch an anti-dumping investigation on pork and pig by-products from the European Union, potentially hurting Spanish exports the most.
DHS Adds Seafood, Aluminum, Footwear Entities to UFLPA List
Last week, the U.S. Department of Homeland Security (DHS) announced the addition of three China-based seafood, aluminum, and footwear companies to the Uygur Forced Labor Prevention Act (UFLPA) Entity List.
U.S. Further Punishes China's Russia Dealings
Last week, the U.S. government sanctioned 46 Chinese entities and individuals for supporting Russia's economy in the defense, technology and manufacturing sectors.
Yellen Speech Hits Familiar Points on U.S.-China Economic Relations
In a speech to the Economic Club of New York last week, Treasury Secretary Janet Yellen reiterated that she is not in favor "decoupling" from China, but that China's high savings and overcapacity are a problem for the Biden administration.
G7 Meetings Discuss China Trade Issues
At the G7 meetings held in Italy over the past few days, issues related to China were one of the key topics, with the trade language reiterating points made in the past, including the impact of Chinese policies on U.S. investments in strategic sectors.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* China-New Zealand launched services trade talks
* China-Brazil high-level meeting on agricultural trade and capacity cooperation
* China-Eurasia Expo and Xinjiang Trade
* New rules and court rulings on illegal data use in competition law
* MOFCOM’s expiry review of anti-dumping measures on
China and New Zealand Kick off Services Negotiations
Today, China and New Zealand announced the launch of negotiations on services trade. They also signed documents to facilitate trade in infant formula and kiwiberry.