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,
China Comments on U.S. Trade Policy during WTO Trade Policy Review
Today and tomorrow, the United States is undergoing the regular Trade Policy Review of its trade policies at the WTO. At today's meeting, Chinese Ambassador to the WTO Li Chenggang put forward some criticisms of various aspects of U.S. trade policy.
Biden Administration Ratchets up Chip Restrictions, Targets YMTC and Others
The Biden administration plans to add more Chinese companies, including a major chip maker, to its trade blacklist. In response, a Chinese official called the U.S. moves "blatant economic coercion and bullying."
More U.S. States Move to Ban TikTok for Government Employees
The push by U.S. state governments to ban or restrict TikTok use by government employees continues, with Utah, Alabama, and New York now moving forward with efforts in this area.