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.
U.S. Senators Introduce Bill To End China's Treatment as a Developing Country
Last week, a bipartisan duo of U.S. Senators introduced legislation "to prevent the granting of 'developing nation' status to China in future treaties and international organizations."
U.S. Commerce Department Adds Chinese Companies to Entity List after Balloon Saga
The U.S. government announced that it is sanctioning six companies for their involvement in China's spy balloon programs.