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.
Data Company Passes Security Review for Exports
Chinese corporate data provider Qichacha has become the first of its kind to pass the security review by the government cyber watchdog in order to launch an overseas platform. This is the most recent sign of Beijing relaxing controls over data exports.
China Continues Call for WTO Discussions of Carbon Border Adjustments
China has submitted a communication to the WTO on "policy issues for dedicated multilateral discussions on border carbon adjustment," in which it raises a wide range of questions about these measures that it believes should be discussed by WTO Members, putting out a challenge to WTO Members such
Russian Companies Use CIIE to Accelerate Sales to China
At the recently concluded China International Import Expo (CIIE), Russian companies signed intended agreements that could lead to over US$108 million in exports.
China Not a Currency Manipulator, Remains on Monitoring List, Says U.S. Treasury Report
Last week, the U.S. Treasury Department issued its biannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." China was not found to be a currency manipulator, but was kept on a "monitoring list."
Biden Weighs In on Chinese EVs
In recent weeks, there has been pressure to limit potential Chinese EV imports to the U.S., with President Biden himself now seeming to join the chorus of voices worrying about competition with Chinese EVs.