European Council Chief Visits China; Internal EU Debate on China Policy Continues
European Council chief Charles Michel visited China last week, during which time he discussed issues related to trade policy and the general business environment with Chinese leaders. The visit is unlikely to change the current EU-China relationship much, as the EU is still internally debating a unified policy toward
European Parliament Discusses Business Environment for European Companies in China
At a meeting of the European Parliament's Committee on International Trade, Noah Barkin, the managing editor with Rhodium Group and visiting senior fellow at the German Marshall Fund, talked about the recent trends of European business in China, and Adeline Hinderer, the head of Unit Far East from
Republican Members of Congress Introduce Legislation on Divestment from Chinese Companies
Last week, two Republican members of Congress introduced legislation that they say would "force non-profits, university endowments, public pension plans, and any other tax-exempt entity to divest from Chinese companies or lose their tax-exempt status."
European Parliament Discusses Taiwan Trade Issues
At a meeting last week, the European Parliament discussed the EU-Taiwan trade and investment relationship, with Members expressing support for closer ties.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Tariff exclusions on U.S. products and food import approvals from ASEAN countries
* High-level meetings with Mongolia on trade cooperation
* MOFCOM comments on U.S. trade restrictions
* Draft revision of competition rules
* November data on manufacturing and services raising
MOFCOM Comments on U.S. Electric Vehicle Law and New Telecoms Rules
At a press conference today, a MOFCOM spokesperson offered comments on the new U.S. rules banning Chinese telecoms equipment as well as on the U.S. Inflation Reduction Act.
China Not a Currency Manipulator, But Still on Monitoring List, Says U.S. Treasury Report
In November, the U.S. Treasury Department issued its biannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." China was not found to be a currency manipulator, but was kept on a "monitoring list."