Florida Bill Would Restrict Chinese Investment in Sensitive Locations, Strategic Assets
Last week, two Democratic Florida state legislators announced that they had introduced legislation that would "block the purchase or acquisition of real property by the Chinese Communist Party (CCP) and any related third party, in locations close to military bases and locations deemed to be strategic assets in the
U.S. Adds Five Chinese Companies to Entity List over Ties to Russia
Last week, the U.S. government announced sanctions on five more Chinese firms for their contribution to Russia's military and defense industry.
U.S. Commerce Official Comments on Export Control Coordination
At a Center for Strategic and International Studies (CSIS) event last week that brought together experts from the U.S. and South Korea, Alan Estevez, the Under Secretary of Commerce for Industry and Security at the U.S. Department of Commerce, discussed several issues related to export controls on semiconductors
Australia-China Trade Thaw Update
A recent media interview with the Australian trade minister and an Australian parliamentary hearing offer some updates on developments in China-Australia trade relations, which have appeared to become less contentious under the new Australian government.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Lower tariffs on imports from certain least developed countries
* Import suspensions on certain animal products
* Fines on foreign and domestic banks
* Local government funding of semiconductors/advanced manufacturing
* Semiconductor association pushes back against foreign government export controls
In the U.
U.S. Legislation Introduced on China's Developing Country Status
Yesterday, a bipartisan duo of members of Congress announced that they had introduced legislation that would push back against the labelling of China as a "developing country" in international organizations.
China To Lower Tariffs for Three More African LDCs
The Chinese government announced that three more African least developed countries (LDCs), Burundi, Ethiopia, and Niger, will benefit from zero tariffs for 98% of tariff lines when exporting to China, starting in March.