China Rebuts AIIB Criticism
China's Embassy in Canada pushed back against recent criticism of the China-led Asian Infrastructure Investment Bank (AIIB), as well as a Canadian official's comments on "de-risk[ing]" and "authoritarian regimes."
U.S. Legislation Introduced To Limit De Minimis Rule for China Trade
Members of Congress continue to push back against the current de minimis rules that allow products sold for US$800 or less to avoid duties and certain customs requirements.
Reports Suggest EU Considering AD/CVDs on Chinese EVs; Tai Non-Committal
A report from Politico today indicated that some actors within the EU were pushing for an anti-dumping/countervailing case against imports of Chinese electric vehicles.
China and Arab Countries Expand Collaboration after Inking US$10 Billion Deals
At today's press conference, an official from China's Ministry of Commerce (MOFCOM) vowed more China-Arab collaboration. This came after the conclusion of the Arab-China business conference, at which over 20 agreements and deals were signed.
Canada Reconsidering AIIB Membership
After a Canadian citizen abruptly resigned from his position at the Asian Infrastructure Investment Bank, the Canadian government is investigating his allegations and reconsidering its involvement with the bank.
U.S. Sanctions Training Programs for Chinese Military; China: "Stop Abusing Export Control Tools"
The U.S. Commerce Department's Bureau of Industry and Security sanctioned 31 Chinese entities, as well as some entities in a number of third countries on the basis of their ties to the Chinese military, putting these companies under tighter export control rules.
NZ Prime Minister To Lead China Trade Visit
Earlier this week, New Zealand Prime Minister Chris Hipkins announced that he would be "leading a major trade delegation to China at the end of this month, with stops in Beijing, Tianjin, and Shanghai," the first such trip since 2016.