China's WTO Complaint against U.S. Semiconductor Export Restrictions
Last week, China filed a consultations request at the WTO regarding U.S. export restrictions that were recently imposed on semiconductors and related technology and products. China's legal claims and some practical considerations related to the dispute are summarized below.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Xi Jinping attends two summits with Arab nations
* State Council issues plans for expanding domestic demand
* New regulation on deep fakes
* Authorization of imports of cattle and tobacco leaves from Laos
* China's registration requirement for food exporters leads
BIS Adds YMTC and 35 Chinese Companies to the Entity List
The U.S. government added Yangtze Memory Technologies Co., Ltd. (YMTC) and more than 30 other companies to the Entity List, making it nearly impossible for these companies to have access to U.S. technology and products governed under the export control regime.
China Issues Plans to Expand Domestic Demand
China's State Council issued a plan to expand domestic demand over the next decade, which includes negotiating trade agreements, expanding imports, and further opening up.
China Issues Guidelines for Cattle and Tobacco Leaves from Laos
China's Customs agency recently published regulatory requirements, as part of a domestic procedure that follows up on sanitary and phytosanitary (SPS) protocols signed between China and Laos, for cattle and tobacco leaves from Laos.
Proposed U.S. Legislation Would "Freeze Huawei from U.S. Financial System"
A bipartisan group of members of Congress in both the House and the Senate introduced legislation earlier this week that would cut off Huawei and other Chinese 5G companies from U.S. banks.
CFIUS Review Finds that Chinese-Owned North Dakota Corn Mill Project Not Covered, Can Go Forward
A Chinese company's plan to build a corn-milling plant in North Dakota was reviewed by the Committee on Foreign Investment in the United States (CFIUS) due to national security concerns. CFIUS determined earlier this week that the transaction was not covered by the terms of the statute, and