CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Meeting with Indonesian President
* Trade and investment data
* New anti-dumping investigation on U.S. propionic acid
* New efforts on "strategic emerging" sectors
In the U.S.:
* Congressional hearing on "Economic Security"
* Congressional scrutiny of Ford-CATL deal
WTO Meeting Sees Action on Two China-Related Disputes
At today's meeting of the WTO's Dispute Settlement Body, the U.S., Hong Kong, and China continued to argue about a U.S. measure involving the origin marking for products from Hong Kong, and a panel report finding China's anti-dumping measure on steel imports
Chinese and Indonesian Leaders Meet, Sign Documents on Trade
Chinese President Xi Jinping and Indonesian President Joko "Jokowi" Widodo met in Beijing today. During their meeting, they discussed trade, investment and other areas of cooperation.
U.S. Senate Hearing Discusses Chinese Economic Coercion, World Bank Loans/Contracts
Yesterday, the U.S. Senate Foreign Relations Committee held a hearing on "U.S. Economic Security: Addressing Economic Coercion And Increasing Competitiveness," with issues related to China as a main focus.
WTO Members Discuss China Trade Issues at March 2023 SPS Meeting
At the WTO SPS Committee meeting held on March 22-24, for which the meeting minutes were recently circulated, there were discussions of a number of SPS measures imposed by China or imposed by other Members affecting Chinese exports.
Beijing Eyes "Strategic Emerging Industries"
China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is working on ways to cultivate sectors that are "strategic emerging," according to reports.
Australian Government Report Documents Impact from Chinese Trade Restrictions
A new report by Australia's Productivity Commission documents the impact of various Chinese trade restrictions imposed on Australian exports, showing a limited impact on some sectors, either because the measures were narrowly crafted or the producers found other markets.