U.S. Senators' "Pollution Fee" Bill Targets China
Last week, two Republican U.S. Senators introduced a bill that targets China, Russia, and other countries whose manufacturing and natural resource processing involve relatively high carbon emissions.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Economic meetings with Gulf Cooperation Council countries
* Free trade pilot zone in Xinjiang
* MOFCOM comments on Xi-Biden Meeting, potential EU investigation, and foreign investment in China
* Expiry review of hydriodic acid anti-dumping measures
* New SPS requirements issued in October
In
MOFCOM Comments on Xi-Biden Meeting, Potential EU Investigation, and FDI
At a press conference today, the spokesperson for China's Ministry of Commerce (MOFCOM), Shu Jueting, urged the EU to use trade remedy measures in a "reasonable and prudent" way and the U.S. to "lift investment restrictions on China."
China To Build Xinjiang Free Trade Zone
Last month, China's State Council announced that it will create a free trade pilot zone in Xinjiang Uyghur autonomous region, an area that has been the source of tensions between China and the West, and turn the region into a trade hub. The official document was published yesterday,
Letters from U.S. Congressmen Raise Hikvision/Dahua Concerns with Retailers
Two members of Congress on a China Commission are pressing retailers Costco and ADI on their sale of products from Chinese companies whose products are connected to allegations of human rights abuses in the Xinjiang Uyghur Autonomous Region.
New Chinese SPS Requirements for Food Imports in October
Last month, China's General Administration of Customs (GACC) published sanitary requirements for various food imports from countries in Asia, Europe, the Middle East, Africa and Central America, as China tries to boost agricultural imports.
U.S. House China Select Committee Members Press Administration on Outbound Investment
Two key members of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party sent a letter to Treasury Secretary Janet Yellen with recommendations for the implementation of the Biden Administration's August Executive Order on outbound American investment.