China Will Continue Reform and Opening Up, Says Vice Premier at Davos
Speaking at the World Economic Forum 2023 Annual Meeting in Davos, Chinese Vice Premier Liu He said that China will bring in more imports and foreign investment, and called for international collaboration on economic development and environmental protection. As Liu is stepping down in March, China's economic policy
U.S. District Court Finds No Conflict Between Chinese PIPL and Discovery Process, Grants Motion To Compel Document Production
In a recent case before the U.S. District Court, Southern District of New York, Magistrate Judge Barbara Moses dismissed the defendants' argument that legal obligations under China's Personal Information Protection Law (PIPL) prevent them from providing personal information relevant to the case, as she found "
EU Imposes Provisional Anti-Dumping Duties on Chinese Beer Kegs
Last week, the European Commission issued a decision adopting provisional anti-dumping measures on stainless steel refillable kegs from China. As part of its normal value calculation in the decision, the Commission looked at the role of the Chinese Communist Party (CCP) in company management.
Congressional Republicans Release "Discussion Draft" of Americas Legislation to "Counter China"
Last week, two Republican members of Congress released a discussion draft of a piece of legislation that focuses on trade in the Americas, but has several provisions dealing with China trade issues.
China Releases December Trade Data
China's trade data for December shows that its exports had a larger dip compared to the month before, while the more moderate decline of imports may indicate that economic recovery is on its way. A break down of its trade with major trading partners is provided below.
U.S. House of Representatives Votes To Restrict Sales of Oil from Strategic Petroleum Reserve to China
Last week, the House of Representatives passed a bill that would prohibit sales of oil from the U.S. strategic petroleum reserve to entities linked to the Chinese Communist Party. Prospects for the legislation in the Democrat-controlled Senate are uncertain, however.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Trade negotiations and talks with Ecuador, African countries, and the Philippines
* New requirements for imports of durian imports from the Philippines
* Discussions on compulsory licensing of COVID drugs in China
* Academic review of developments related to government screening of Chinese