A recent paper for the New York branch of the Federal Reserve, titled "Geopolitical Risk and Decoupling: Evidence from U.S. Export Controls," estimated the financial impact of U.S. export controls on the affected U.S. companies to be $857 million on average, with a total of

As Japan is reportedly tightening its grip on exports of advanced materials and equipment, China's Ministry of Commerce (MOFCOM) warned that Japan's actions could "seriously affect" normal bilateral trade.

Last week, news reports indicated that the European Commission had conducted searches of Chinese company Nuctech in relation to an investigation under the Foreign Subsidies Regulation, and European Commission Executive Vice President Margrethe Vestager spoke about the searches and this regulation in a competition policy speech.

During U.S. Secretary of State Antony Blinken's China trip last week, he and his Chinese counterpart exchanged views on overcapacity, a hot-topic issue in bilateral trade relations, as well as on "unfair" U.S. measures against China and China's "unfair trade

The EU has published its official notice of initiation of an investigation concerning Chinese "measures and practices" in the public procurement market for medical devices.

At a press conference last week, the spokesperson for China's Ministry of Commerce rejected the concerns about overcapacity in the new energy sector. Instead, he stated, there is a "storage of capacity" to meet the growing demand.

This past week, CTM covered the following issues. In China: * MOFCOM’s trade remedy measures on Taiwanese plastics and U.S. chemicals * The 6th Ministerial Conference of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries * Updated export control rules on precursor chemicals In North