CTM Weekly Newsletter
This past week, CTM covered the following issues.
In the United States:
* Proposed legislation to enhance ties with Taiwan
* White House releases its National Security Strategy
* Biden administration ratchets up export controls related to advanced chips and supercomputers
* Additional Chinese companies added to U.S. government blacklists
* USTR announces next
U.S. Official Calls New Export Controls "Comprehensive and Targeted", Aiming At Curbing China's AI Capabilities
A U.S. Commerce Department official provided some details on the thought process behind the sweeping export control rules announced last Friday, reiterated the goal of "maintain[ing] as large of a lead as possible" on key technologies over China, and vowed to work with partner countries.
The Biden Administration's National Security Strategy: Competition with China, and Trade Policy
The Biden Administration issued its annual National Security Strategy yesterday, with brief discussions of China as a competitor and U.S. trade policy.
U.S. Trade Rep., EU Trade Commissioner Talk China Trade
At two events today, U.S. Trade Representative Katherine Tai and EU Executive Vice-President and Commissioner for Trade Valdis Dombrovskis commented on several China trade issues.
USTR Seeks Comments on Effectiveness and Effects of Section 301 Tariffs
The Office of the United States Trade Representative (USTR) announced the next steps in the statutory four-year review of the tariff actions in the Section 301 investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation.
China Opens Some Service Sectors to Foreign Investment in a Pilot Program
According to a recent document issued by China's State Council, Shanghai, Hainan and other cities are opening tourism and elderly care to foreign investment as part of a three-year pilot program. This is the latest move for the nation to attract foreign investment, with its economy facing pressures
Australian Trade Minister Comments on Critical Minerals, China Trade, CPTPP Accession Prospects
In the context of a trip to Japan and South Korea, Australian Trade Minister Don Farrell commented on issues related to critical minerals, trade relations with China, and China's CPTPP accession. On China's CPTPP accession prospects, Farrell expressed doubt about China's chances of joining