U.S. Congressional Hearing Examines China Trade Issues
At a U.S. House of Representatives hearing yesterday, members of Congress asked Biden administration officials about a range of issues related to economic relations with China: export licenses granted by the Commerce Department's Bureau of Industry and Security (BIS); China's economic coercion; MFN treatment for
U.S. Senate Committee Hearing Addresses Chinese Land Purchases
At a U.S. Senate hearing yesterday, several Senators raised concerns about Chinese purchases of U.S. farmland, and proposed expanding the role of the Committee on Foreign Investment in the United States (CFIUS) in reviewing these transactions.
EU, Canada Join U.S. in Banning TikTok on Government Devices
Social media platform TikTok is facing major new regulatory hurdles this week, as the European Union, Canada and the United States announced bans of TikTok on official devices.
China Allows More Food Items from Iran After State Visit
This month, China's Customs issued multiple documents that would pave the way for more Iranian aquatic products, dairy products, and apples to be sold in China. This came after a state visit by Iranian President Ebrahim Raisi to China in mid-February.
Chinese Ambassador to EU Comments on Wide Range of China-EU Trade Issues
In an interview from earlier in February, Ambassador Fu Cong, Head of the Chinese Mission to the EU, offered some insights into official Chinese government thinking on the following issues: other countries' economic relationships with Taiwan, restrictions on trade in Chinese products due to labor/human rights concerns, the
USTR Issues 21st Report to Congress on China’s WTO Compliance
Last Friday, the Office of the United States Trade Representative (USTR) issued its 21st report on China's compliance with "commitments made in connection with its accession to the World Trade Organization (WTO), including both multilateral commitments and any bilateral commitments made to the United States." The
New Standard Contract for Chinese Personal Data Outflows Effective in June
China's internet watchdog, the Cyberspace Administration of China (CAC), recently issued the rules on standard contracts used for personal data exports. Companies will have until December 1, 2023 to bring their existing practice into full compliance. A template of a standard contract is attached to the rules, with