CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* 2024 review of China's economic sanctions and export controls
* New regulation governing data security
* Expiry review of anti-dumping measures against chemicals
In the U.S.:
* Hearing for Commerce Secretary nominee Howard Lutnick
* Review of the Phase One Agreement
Review of Chinese Economic Sanctions and Export Controls in 2024
2024 marked several milestones in the development of China's economic sanctions and export controls, signaling a significant escalation in both regulation and implementation.
European Officials Discuss First IPI Determination
At a European Parliament Committee on International Trade meeting yesterday, Members of Parliament discussed the European Commission's recent conclusion of its first investigation under its International Procurement Instrument (IPI), which found "clear evidence of China limiting the access of EU medical devices producers to its government contracts
U.S. Commerce Secretary Nominee Talks China Tech Competition at Congressional Hearing
President Trump's nominee for Secretary of Commerce, Howard Lutnick, had a confirmation hearing in the Senate today, with China trade issues seeing only a limited discussion. Several Republican Senators raised issues related to tech and AI competition, with Lutnick offering a response that was tough, but light on
China's New Rules on Data Security
China recently finalized a regulation governing data security, a development that marks the latest step in the country's ongoing efforts to implement a comprehensive data and cyber security framework. Notably, the final rules demonstrate a more cautious approach than the earlier draft, suggesting a deliberate effort by the
At WTO Meeting, China Presses Colombia, Indonesia on Safeguard Practices
At the WTO Committee on Safeguards meeting of October 28, 2024, for which the minutes were recently circulated, China raised an issue related to the notification of Colombia's safeguard measure on wire rods and also criticized Indonesia's safeguards practices.
WTO Anti-Dumping Meeting Discusses Chinese Brandy/Pork Investigations
At the WTO Committee on Anti-Dumping Practices meeting of October 30, 2024, for which the minutes were recently circulated, the EU and Japan raised concerns with various Chinese anti-dumping measures, and China criticized UK practices related to the Brexit transition.