U.S. Spending Bill Targets Chinese Subsidies in Context of Mergers
In the government spending legislation recently enacted by Congress, there is a provision on the disclosure, in the context of merger notifications, of subsidies that have been provided by "foreign adversaries." This provision is part of an effort underway in both the EU and the U.S. to
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Meeting between Australian and Chinese foreign policy leaders
* New anti-dumping investigation against products from Taiwan
* Final rules on data security in the industry and information technology sectors
In the United States:
* New developments on access to audit records of
WTO Panel Rules for Hong Kong in Complaint Against U.S. "Origin Marking" Rules
In a ruling circulated yesterday, a WTO panel sided with Hong Kong in a complaint filed against the United States in October of 2020, finding that U.S. requirements that products from Hong Kong be labelled as originating in China were inconsistent with the GATT and could not be justified
High-Level Officials from China and Australia Meet, Relations May Start to Thaw
Today, Australian Minister for Foreign Affairs Penny Wong visited China and met with Chinese Premier Wang Yi. Both sides expressed their willingness to push for a thaw in the currently icy bilateral relations and to reset those relations, by restarting dialogues and talks.
China Starts Anti-Dumping Investigation on Taiwanese Plastics
China's Ministry of Commerce (MOFCOM) announced that it has launched an anti-dumping investigation on polycarbonate (PC) imported from Taiwan.
China Delays Establishment of Two WTO Panels
At today's meeting of the WTO's Dispute Settlement Body (DSB), China blocked the establishment of panels in two complaints brought against it by the EU, related to allegations about China's trade restrictions imposed on Lithuania and about restrictions on EU companies going to a
WTO Members Discuss China Trade Issues at June SPS Meeting
At the WTO SPS Committee meeting held on June 22-24, for which the meeting minutes were recently circulated, there were discussions of a number of SPS measures imposed by China or imposed by other Members against Chinese goods.