TikTok Challenges U.S. Divestment/Ban Statute, Argues that China Won't Allow Algorithm Export
TikTok, along with its parent company Bytedance, filed a petition for review of the constitutionality of the Protecting Americans from Foreign Adversary Controlled Applications Act – which would force TikTok's divestment or ban it – today in the D.C. Circuit Court of Appeals.
China and France Sign Deals on Trade and Green Development
China and France signed over 20 declarations and agreements to cooperate during President Xi Jinping's state visit to France, and both leaders expressed an interest in partnerships in trade and technology.
EU-France-China Trilateral Meeting Kicks Off with Trade Issues
At the beginning of Chinese President Xi Jinping's state visit to France, there was a trilateral meeting in Paris with leaders from China, France and the European Union (EU), with trade and market access as the priority issues.
Australian Productivity Commission Weighs In on China Joining CPTPP
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.
Biden Administration EV Tax Credit Rules Restrict Chinese Products, But Not Enough for Critics
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.
With Recent Moves, China Woos Tesla
Tesla received a significant boost in China last week as the company cleared some key hurdles for its operations, as the company seeks to solidify its foothold in China.
U.S., Taiwan Hold Another Round of Trade Talks
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.