Two Months In, What's the Impact of the U.S. UFLPA?
The U.S. Uyghur Forced Labor Prevention Act, which took effect earlier in the summer, imposes legal obligations that some experts have described as "very difficult, sometimes near impossible" to satisfy. Serving as a near embargo on imports of goods sourced from Xinjiang, the law not only affects
EU Report Shows Slight Decline in Chinese Investments
A new European Commission report on its investment screening process shows a slight decrease in the number of European investments by Chinese entities.
Republicans Want Investigation of Chinese Solar Panels in U.S. Virgin Islands Power Grid
A group of Republican members of Congress have raised concerns that the Department of Homeland Security (DHS) "is potentially using taxpayer dollars to purchase solar panels and components from China ... to rebuild the U.S. Virgin Islands’ (USVI) energy grid."
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* A Xi Jinping speech on developing key technologies;
* New customs data shows slowing trade;
* Authorization of citrus fruit imports from Iran;
* A meeting between Chinese officials and their Mexican counterparts to talk about trade and investment.
In the U.S.
Chinese and Mexican Officials Talk Trade and Investment
Chinese and Mexican trade officials had a high-level meeting earlier this week, during which they discussed trade issues and agreed to further cooperation on green investment and the digital economy.
Colorado Company/Owner Agree to Pay $625,000 for Alleged False Claims Related to Buy American Act
The U.S. Justice Department has reached a settlement in a case involving alleged breaches of the Buy American Act, with Chinese manufactured goods used instead of American ones.
U.S. Treasury Offers Currency Undervaluation Guidance in Solar CVD Case
In a letter to the Commerce Department as part of an annual countervailing duty (CVD) review, the Treasury Department has determined that the Chinese currency was undervalued during the review period, but that this undervaluation was not the result of government action.