Argentina Says It Will Settle Chinese Imports in Yuan
Argentine Economy Minister Sergio Massa announced last week that Argentina agreed to make payments for Chinese imports in Yuan rather than U.S. dollars, in an effort to maintain its reserves of U.S. dollars.
U.S. Senators Urge Action Against Chinese Cloud Service Providers
Last week, Senator Bill Hagerty (R-TN) and eight other Republican Senators sent a letter urging several Biden administration officials "to impose sanctions and take other decisive actions against Huawei Cloud and other People’s Republic of China (PRC) cloud service providers that pose a threat to U.S.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Agreements on trade and investment with Gabon
* Imports authorized from France and Nicaragua
* Anti-monopoly review of COSCO joint venture in Egypt
* Positive statements from Chinese officials on China joining CPTPP
* Podcast on Chinese industrial policy
In the U.S.
USTR Releases 2023 Special 301 Report on Intellectual Property Protection and Enforcement
Earlier this week, the Office of the United States Trade Representative (USTR) released its 2023 Special 301 Report "on the adequacy and effectiveness of U.S. trading partners’ protection and enforcement of intellectual property (IP) rights," repeating many of its long-standing complaints about Chinese policies and practices
U.S. National Security Adviser Comments on China Trade Relations, Says No "Decoupling"
Biden administration National Security Adviser Jake Sullivan gave a speech today on international economic issues, touching on various China trade issues.
Egyptian Port Project Now Under Chinese Antitrust Review
The Chinese antitrust agency is now conducting an anti-monopoly review on an Egyptian joint venture in which Chinese shipping company COSCO has a share.
U.S. Senators Want COMAC on Sanctions List
Two Republican U.S. Senators have called for adding the Commercial Aircraft Corporation of China (COMAC), a Chinese state-owned aircraft manufacturer, to the Commerce Department's Military End User (MEU) List.