Expert: Why China's Industrial Policy Won't Be Easy to Replicate
Speaking at an event during the WTO public forum last week, Singapore Management University law professor Henry Gao offered comments on China's industrial policy and argued that the China model cannot be easily replicated in most developing countries.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Law on Foreign State Immunity passed
In the U.S.:
* Congressional concerns with Huawei access to semiconductors
* Bill introduced to use PNTR as leverage to deter aggression against Taiwan
* Key members of Congress discuss China-U.S. economic relations
* Congressional concerns
MOFCOM Responds to EU Subsidy Investigation
China's Ministry of Commerce expressed "high concern and strong dissatisfaction" with the European Commission's announcement about an anti-subsidy investigation on imports of Chinese electric vehicles (EVs).
U.S. Members of Congress Call for More Sanctions on SMIC, Huawei
In reaction to recent reports of a new Huawei smartphone with advanced capabilities, member of Congress are pushing the U.S. Commerce Department to tighten semiconductor export controls even further.
Republican Presidential Candidate Gives Tough Assessment of Trade Relations with China
Sen. Tim Scott (R-SC), one of the candidates vying for the Republican nomination for president in 2024, was recently asked about his views on trade policy, and responded with a focus on Chinese trade practices.
U.S. House CFIUS Hearing Touches on Chinese Battery Investments in U.S.
At a U.S. House of Representatives hearing yesterday on "Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security in the United States," Congressman Bill Huizenga (R-MI) had two exchanges with Assistant Secretary of the Treasury Department Paul
U.S. Senator Introduces China PNTR Revocation Bill to Support Taiwan
Senator James Lankford (R-OK) has introduced a bill that would use Permanent Normal Trade Relations (PNTR) as leverage to deter Chinese coercion and military aggression against Taiwan.