U.S. Senators Introduce Legislation To Counter Chinese Economic Coercion

A bipartisan duo of U.S. Senators introduced legislation that is designed to support allies in the face of economic coercion, as well as target adversaries who engage in such practices, with Chinese coercion an implicit focus of the measure.

U.S. House Committee Holds Hearing on Chinese Economic Threats

The U.S. House of Representatives Financial Services Committee held a hearing yesterday on "Combatting the Economic Threat from China." Issues that were discussed at the hearing included: bilateral trade, outbound and inbound investment related to China, Chinese lending, TikTok, and China's presence in Latin American

China and Brazil Sign MOU on RMB Clearing

China's central bank announced today that it signed a memorandum of understanding on Chinese yuan (RMB) clearing arrangements with Brazil's central bank. While China has pushed for broader use of its currency for cross-border transactions, progress in making the RMB a leading global currency for

China Tries to Bring in Foreign Capital for Tech R&D

Facing increasingly restricted access to advanced technology through export controls, investment screening and other measures, the Chinese government recently issued several measures to encourage foreign investment in research and development (R&D) and attract talented people.

Chinese and Australian Trade Ministers Hold Virtual Meeting

Australian Trade Minister Don Farrell and Chinese Minister for Commerce Wang Wentao held a virtual meeting today, with an invitation extended to Farrell for an in-person meeting in the near future.

U.S. Senators Introduce Bill To Restrict U.S. Strategic Oil Sales to China

The U.S. House of Representatives recently passed a bill that would prohibit sales of oil from the U.S. strategic petroleum reserve to entities linked to the Chinese Communist Party, and similar legislation has now been introduced in the Senate.

Xinjiang Exports to the U.S. Declining Quickly

Data from China's Customs shows that the exports of companies registered in Xinjiang to the United States dropped to a historical low in December, with an annual contraction of 22.3% last year. This is likely a result of both the implementation of the U.S. Uyghur Forced
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