Kansas, Missouri Politicians Wary of Recently Proposed Chinese Investment
A number of Kansas and Missouri politicians have raised concerns about a proposed Chinese investment in a U.S. manufacturing facility that makes products used in EV batteries.
U.S. Congressman Calls for Section 232 Investigation on Chinese EVs, Batteries
An Indiana Congressman has written to the Commerce Department calling for a Section 232 investigation of Chinese EVs and batteries, and suggesting "global" import tariffs on these products.
Chinese Courts Award 1 Million Yuan in Häagen-Dazs Case
In recent rulings, Chinese courts have found that Chinese ice cream shops violated the trademark of U.S. ice cream brand Häagen-Dazs and supported the request for 1 million yuan compensation.
Australia, Canada, UK Consider TikTok Actions
Recent news reports in Australia, Canada and the United Kingdom indicate that there is some pressure for a TikTok ban or forced sale along the lines of what is currently being considered in the United States, or for a similar measure, although there is no sign of imminent action.
China and Angola Sign MOUs on Trade, Investment, and Debt Payment
Last week, during the Angolan President's state visit in China, the two nations renewed their commitments in trade, investment, and cooperation under the BRI.
U.S. Legislation on Countering Chinese Drones Progresses through Subcommittee
Legislation that would prohibit drones from Chinese company Da-Jiang Innovations (DJI) has been discussed at a Congressional hearing and passed by the relevant Subcommittee, clearing the way for sending it to the full House Committee responsible.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Reactions to the U.S. TikTok bill
* Two sessions proposals on autos
* Updates on trade remedy investigations on EU brandy and Australian wine
In the U.S.:
* New Section 301 petition on Chinese shipbuilding and maritime
* Push to ban seafood