Last week, Australian Trade Minister Don Farrell traveled to China and met with his Chinese counterpart, Commerce Minister Wang Wentao, as part of the continued effort to ease tensions in Australia-China trade and foreign relations.

Last week, Netherlands-based medical device company Koninklijke Philips N.V settled a case brought against it by the U.S. Securities and Exchange Commission ("SEC") for violations of the Foreign Corrupt Practices Act ("FCPA") by its subsidiary in China.

In an interview last week on American broadcaster PBS (Public Broadcasting Service), U.S. Trade Representative Katherine Tai spoke with author and journalist Walter Isaacson about a number of trade issues, including her upcoming meeting with her Chinese counterpart and her reaction to restrictions imposed by certain U.S. states

Last week, China's market regulator published a notice stating that Tesla had filed a plan to recall over 1 million vehicles sold in China between 2019 and 2023.

The U.S. Public Company Accounting Oversight Board (PCAOB) published reports on inspections of two accounting firms that audited 40% of the total market share of U.S.-listed companies audited by Hong Kong and mainland firms. The reports noted "unacceptable rates" of deficiencies, as the audit firms

U.S. Senators John Thune (R-SD) and Angus King (I-ME) have introduced a resolution that calls for reform of the special and differential treatment rules at the WTO, so that China is not able to self-designate as a developing country.

Last week, the European Commission announced that it had adopted two Regulations "which together renew, adjust and extend the scope of the existing measures on imports of high tenacity yarn of polyester (HTYP) from China."