Two Companies Added to UFLPA Entity List

This week, the U.S. Department of Homeland Security (DHS) and the Office of the U.S. Trade Representative (USTR) both published announcements of updates related to the Uyghur Forced Labor Prevention Act (UFLPA).

Business Surveys Show Degree of Optimism about the Chinese Market

Two recent business surveys show that over the first half of 2023, the majority of foreign companies are optimistic about the Chinese market. More companies reported revenue increases than companies reporting revenue losses, and among the latter, Americans firms experienced higher losses compared to other companies.

USTR Official Expresses Concern about "Overdependence" on Chinese EVs

At an event put on by the Washington International Trade Association and the Asia Society Policy Institute, a USTR official outlined U.S. concerns with Chinese electric vehicles and offered a general time-frame for the ongoing Section 301 tariff review.
WTO

Chinese LDC Trade Preferences Discussed in WTO Committee Meeting

At the WTO's Committee on Rules of Origin meeting on June 6, for which the minutes were recently circulated, there was a discussion of the utilization by least developed countries of China's tariff preferences.

Beijing's Recent Effort to Bolster Private Economy

China's planning agency, the National Development and Reform Commission (NDRC), along with several other agencies, has published 28 measures to bolster the private economy. This is part of the central government's effort to send a signal to boost market confidence.

CFIUS 2023 Annual Report Offers Latest Data on Reviews of Chinese Investment in U.S.

On July 31, the Committee on Foreign Investment in the United States (CFIUS), an interagency body that reviews certain transactions involving foreign investment in the United States to determine the effect on national security, released its annual report to Congress for 2022.
WTO

WTO GPA Committee Discussion Highlights Controversy over Taiwanese Candidate

The minutes of the WTO's Committee of Government Procurement meeting discussing the resolution of the blocked appointment of the Chair of the Committee have now been circulated.
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