CFIUS Finds Gotion Battery Investment Not Covered Transaction
The Committee on Foreign Investment in the United States (CFIUS) -- an interagency taskforce overseen by the Department of the Treasury -- has determined that Chinese company Gotion's proposed battery facility in Michigan is not a covered real estate transaction or purchase, and can move forward.
China-Africa: Trade Data, Expo, SPS Forum
China's trade with Africa grew by 20 times over the past two decades, according to data released by the Chinese government. And over the weekend, 120 projects amounting to $10.3 billion in value were signed at the third China-Africa Economic and Trade Expo. In addition, sanitary and
Republican Presidential Candidates Talk Chinese Trade and Investment
In recent weeks, Ron DeSantis and Nikki Haley, two Republican presidential candidates, have discussed their positions on trade with China, with both expressing hawkish views.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* State Council document on opening up in pilot zones and free trade ports
* Li Qiang criticism of "de-risking"
* Trade cooperation with France, New Zealand, and Poland
In the U.S.:
* Biden administration files brief against Florida law restricting
New Dutch Regulations Restrict Export of Advanced Semiconductors
Today, the Dutch government announced new rules restricting exports of certain advanced semiconductor equipment, with Chinese semiconductor makers potentially hurt by the move.
Beijing Issues Rules on Source Code and Financial Services
Today, China's State Council published a document to promote "international high-standard" measures for opening up in pilot zones and free trade ports, potentially bringing it more in line with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which it has applied to join.
Measures and Trade Concerns Related to China Discussed at March 2023 TBT Committee Meeting
At the meeting of the WTO's Committee on Technical Barriers to Trade on March 8-10, 2023, a number of WTO Members raised "specific trade concerns" (STCs) about particular Chinese measures, and China voiced its concerns with measures of other Members.