China's central government recently announced new measures to attract foreign investment. These measures cover policies related to market access, national treatment, data flows, and fiscal and tax support.

After the Biden administration issued an Executive Order and proposed rulemaking last week for restrictions on U.S. investment in China, several experts offered commentary on various aspects of the measures, including possible Congressional action, coordination with allies, and China's response.

Chinese officials pushed back against the new U.S. Executive Order that would curb certain outbound investment in China, calling it "blatant economic coercion and tech bullying" and vowing to take countermeasures.

At the May 3, 2023 meeting of the WTO Committee on Anti-Dumping Practices, a number of issues were raised by China in relation to other Members’ anti-dumping laws and practices, and by other Members in relation to Chinese practices.

This past week, CTM covered the following issues. In China: * Lifting of AD/CV duties on Australian barley * Report on U.S. WTO compliance In the U.S.: * China-related outbound investment restrictions announced * Legislation signed on U.S.-Taiwan trade * Legislation introduced on monitoring Chinese subsidies In the EU: * Two

China's Ministry of Commerce (MOFCOM) has issued its "2023 Report on WTO Compliance of the United States."

Yesterday, the Biden administration announced the first steps towards executive branch action on restricting new U.S. investment in China in several sectors with a close connection to the development of military technology. Additional Congressional action in this area may follow soon.