Last week, Beijing issued a draft provision for cross-border data flows, potentially lowering the compliance cost for companies and waiving regulatory requirements for some data exports. The draft, however, is awaiting finalization, which could bring more changes.

Over the last several years, there have been a number of products from Australia that were subject to import restrictions by China. One of the lesser-known of these products was hay. Reports indicate that these restrictions have now been removed.

This past week, CTM covered the following issues. In China: * China-EU High-Level Trade and Economic Dialogue * White paper on China's vision for globalization * MOFCOM comments on various trade issues * Data on outbound investment * Auto industry responds to EU anti-subsidy investigation on EVs In the U.S.: * Updates on

A publication specializing in news about investment arbitration has reported that litigation over Chinese investments in Mexican lithium mining might be in the works after the Mexican government cancelled concessions held by a Chinese company's Mexican subsidiaries.

Today, China's Ministry of Commerce, National Bureau of Statistics and State Administration of Foreign Exchange released a report on 2022 China's outbound investment. They also updated FDI data over the first eight months of 2023.

In a new research paper, analysts from the American Action Forum have offered estimates of the impact of revoking permanent normal trade relations for China.

The Biden administration released an update to an advisory on Xinjiang supply chains this week and also added three more entities to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. The bipartisan Congressional-Executive Commission on China expressed support for the Entity List move.