Restricting Financial Transactions in the Xinjiang Region
On June 9, a bipartisan bill was introduced in the U.S. House of Representatives that would restrict banks from doing business with entities operating in Xinjiang and other regions where human rights abuses occur.
U.S. Reiterates Concerns over Chinese Covid and Overseas Food Regulation Measures
In recent submissions at a WTO Committee, the United States has reiterated some of its previously raised concerns about specific Chinese food regulations.
China Extends Tariff Exclusions on Some U.S. Goods for Seven Months
China's tariff agency recently extended its tariff exclusions on certain U.S. goods, as the term of the exclusions had been set to expire on June 30.
MERICS Article on Italian Blocking of Chinese Investments
A new MERICS piece by analysts Rebecca Arcesati and Francesca Ghiretti discusses how the Italian government has used its existing power for foreign investment screening to block certain transactions with a China connection, and also notes that it may establish "a new unit within the cabinet of the prime
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* Chinese copyright rulings, anti-dumping duties, SPS measures, cybersecurity reviews, and trade between the BRICS countries.
* U.S. Congressional actions related to data outflows and TikTok, a Congressional call for an anti-dumping/countervailing duty case on masks and medical equipment, Chinese
MOFCOM Extends Anti-dumping Duties on EU and UK Steel Fasteners
In a recent expiry review, China's Ministry of Commerce (MOFCOM) reached a decision to continue anti-dumping duties of up to 26% on certain steel fastener products from the European Union (EU) and the United Kingdom (UK).
Republican U.S. Senators Press TikTok on Data Issues
A few days after a letter by some Republican Senators to Treasury Secretary Janet Yellen regarding the Biden Administration’s "delayed plan to combat national security risks associated with TikTok," a different group of Republican Senators has now written to TikTok with questions about the company's