China Says It Will Bolster Trade, Investment, and Environment with Gabon
Gabonese President Ali Bongo Ondimba visited China last week and met with Chinese President Xi Jinping. Both sides agreed to bolster trade and investment, and strengthen cooperation in environment and infrastructure.
U.S. Congressional Hearing on Clean Energy Tax Credits and Benefits to China
Last week, the U.S. House Ways and Means Committee held a hearing on "The U.S. Tax Code Subsidizing Green Corporate Handouts and the Chinese Communist Party."
Reactions to Yellen's China Speech
U.S. Treasury Secretary Janet Yellen's speech on the U.S. - China Economic Relationship last week raises a number of questions about its intentions and implications, and generated a wide range of reactions.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Trade and other deals with Brazil
* Review of AD/CVDs on Australian barley, extension of AD duties on Japanese chemicals
* Sanctions on U.S. firms selling arms to Taiwan
* A report on China's International Commercial Court
In the
U.S. Imposes Secondary Sanctions on More Chinese Firms
The U.S. government recently sanctioned more Chinese firms for their transactions with Iran and Russia. The Chinese government called the U.S. decisions "typical unilateral sanctions and 'long-arm jurisdiction'."
U.S. Congressman Raises Questions on Ford/CATL Deal
In a letter sent earlier this week, House Ways and Means Committee Chairman Jason Smith (R-MO) raised several questions with Ford CEO Jim Farley about the company's partnership with a Chinese company, and warned that as a result of the automaker’s use of electric vehicle tax credits
U.S. Treasury Secretary Yellen Speaks on U.S.-China Economic Relations
U.S. Secretary of the Treasury Janet Yellen gave a speech today at the Johns Hopkins School of Advanced International Studies in Washington, DC on the U.S. - China Economic Relationship. She did not break new ground in terms of the Biden administration's thinking, but her speech