Rundown of Treasury Secretary Yellen's China Trip
U.S. Treasury Secretary Janet Yellen just completed a trip to China, in which she tried to stabilize China-U.S. economic relations through meetings with Chinese government officials such as Premier Li, Vice Premier He, Finance Minister Liu, and People’s Bank of China Head Pan, as well as various
China E-Commerce Trade Grew 7.1% in 2022
Officials of China's General Administration of Customs (GACC) said last month that in 2022, China's cross-border e-commerce imports and exports exceeded 2 trillion yuan for the first time, an increase of 7.1% over 2021. Its continued expansion may face headwinds as the United States is
China, EU Agree To Use Arbitration for Appeals in IP, Economic Coercion WTO Disputes
With the WTO's Appellate Body still not functioning due to U.S. blocking of appointments, the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) has emerged as an alternative mechanism for hearing appeals of WTO panel reports. In two ongoing WTO disputes involving complaints by the EU against China, China
WTO Meeting Addresses Semiconductor Export Restrictions and Other China Trade Issues
At a WTO meeting that was held on Thursday and Friday, governments raised concerns with Chinese export restrictions on semiconductor input materials, and China raised issues of its own with U.S./Japanese/Dutch semiconductor export restrictions and the EU Carbon Border Adjustment Measure (CBAM).
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Export restrictions on gallium and germanium
* Foreign Relations Law enters into force
* Trade developments with Belgium and Africa
In the U.S.:
* Federal investment approval for Chinese-owned battery factory
* Republican presidential candidates talk China trade
In Europe:
* EU anti-dumping duties
Belgium-China Meeting on Food Exports
Chinese customs officials met with their Belgian counterparts last month and reached a number of agreements that will pave the way for more Belgian food exports. This came after China lifted a decade-long import ban on Belgian beef due to mad cow disease.
European Parliament Committee Weighs In on Chinese Influence on Critical Infrastructure
The European Parliament's Committee on International Trade recently released a draft opinion on the security and defense implications of China’s influence on critical infrastructure in the European Union.