Economic Aspects of the Xi-Biden Meeting
The Xi-Biden meeting this week in San Francisco was an important step in stabilizing bilateral relations, which have deteriorated since last year. Big announcements were made on military engagement and fentanyl production. Some trade and investment issues were also brought up at the meeting, although it is unlikely that the
On Sideline of APEC, China and Japan Talk Trade, Business Environment, and CPTPP
Earlier this week, trade ministers of China and Japan met on the sideline of the Asia-Pacific Economic Cooperation (APEC) meeting in San Francisco, when they agreed on a dialogue mechanism for export controls and a working group to improve business environment. China's Ministry of Commerce (MOFCOM) said that
U.S. Pension Fund Pulls Back on China, Hong Kong Investments
Amidst strong Congressional pressure, the Federal Retirement Thrift Investment Board (FRTIB) has revised some benchmark indexes so as to prevent investment in stocks listed in China and Hong Kong.
WTO Meeting Discusses China/Japan Radioactive Water/Seafood Import Ban Dispute
At a meeting of the WTO's Committee on Sanitary and Phytosanitary (SPS) Measures today, WTO Members addressed import restrictions imposed by China, Hong Kong, Macao, and Russia on Japanese food products following the discharge of Japan's Advanced Liquid Processing System (ALPS) treated water following the nuclear
Shanghai Issues Details on E-Commerce Pilot Program
This week the Shanghai government released a detailed plan with 19 measures to establish a pilot zone for e-commerce. The project aims at creating "a highland for international cooperation in the digital economy", and plays "an important role in the high-quality development" of the China-led Belt
MOFCOM Starts Expiry Review on Rubber
Last week, China's Ministry of Commerce announced that it would start an expiry review on the anti-dumping measures against acrylonitrile-butadiene rubber (NBR) from South Korea and Japan.
Key U.S. Senator Presses Biden Administration on EV Tax Credits To Prevent Benefits for Chinese Companies
Senator Joe Manchin (D-WV), a key architect of the Inflation Reduction Act's provisions on tax credits for electric vehicle purchases, has expressed concern to the Biden administration that Chinese companies may try to benefit from the law.