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."
U.S. Senate Committee Holds Hearing on Digital Trade Policy, TikTok Concerns Raised
At a Congressional hearing on digital trade policy yesterday, several U.S. Senators and witnesses discussed issues related to China, including TikTok.
Chinese Manufacturing, Investment Uncertain Due to Covid Controls
As data on China's manufacturing and service sectors shows a contraction in November, its future as a manufacturing giant and foreign business destination may depend on whether the government can walk a fine line between safeguarding its people's health and safety while resuming most business and
Raimondo Speaks on "U.S. Competitiveness and the China Challenge"
In a speech today, U.S. Commerce Secretary Gina Raimondo set out the Biden administration's thinking on "U.S. Competitiveness and the China Challenge," emphasizing many of the same general themes and specific issues that others in the administration have put forward in recent months.
China and Mongolia to Step up Bilateral Trade
The two leaders of China and Mongolia met on Monday, agreeing to further cooperation on trade and connectivity, as well as the development of the China-Mongolia-Russia Economic Corridor.
Think Tank Proposes Enhancing Section 337 Statute To Address Unfair Chinese Trade Practices
A recent report by a U.S. think tank suggests expanding the use of Section 337 of the Tariff Act of 1930 -- which can be used to exclude imports of products from companies engaging in certain unfair trade practices -- to target Chinese economic policies and practices.
Senators Target Chinese Chips in Defense Bill
In a bipartisan push, two U.S. Senators are seeking to expand restrictions on purchases of Chinese-made semiconductors as part of an annual defense bill.