U.S. Deputy Secretary of State Comments on China Trade Issues
At a think tank event yesterday, Deputy Secretary of State Wendy Sherman commented on several issues related to China-U.S. economic relations.
China Extends Tariff Exclusions on Some U.S. Imports
China's Customs Tariff Commission of the State Council announced this week that it will again extend tariff exclusions on some U.S. goods that were subject to retaliatory tariffs as a response to U.S. Section 301 tariffs.
Local Governments in China Announce New Investment Plans
Many Chinese local governments have recently announced investment projects for 2023, with a planned investment of 3.36 trillion yuan (approximately US$490 billion) this year. Many of them focus on advanced manufacturing, as China is facing increasingly restricted access to advanced technology due to export controls, investment screening and
Australian Trade Minister Talks about "Warm and Friendly Discussion" with Chinese Counterpart
In the latest of several media interviews this week, Australia's Trade Minister has sounded positive on the prospects for continued improvements in the Australia-China trade relationship.
U.S. Senator Seeks Federal Review of Ford/CATL Investment
A Republican Senator is calling for a Committee on Foreign Investment in the United States (CFIUS) review of the licensing agreement between Ford Motor Company and Chinese company Contemporary Amperex Technology Co. Limited (CATL) that was signed earlier this week.
China Starts Expiry Review for Anti-Dumping Duties on Indian Chemicals
China's Ministry of Commerce recently started an expiry review on anti-dumping measures imposed on chemical product ortho chloro para nitro aniline from India.
Ford To Open Battery Factory in Michigan, With Technology from CATL
After Virginia abandoned its efforts to lure an investment by Ford to open a battery plant that would have licensed technology from Chinese company CATL, Michigan announced that it had reached an incentive agreement with Ford that would bring the factory there.