Biden Administration Pressuring Dutch Government and ASML on Chip-Making Machines
For several years now, during both the Trump and Biden administrations, the United States has been pushing the government of the Netherlands to restrict the export to China of a machine made by Dutch company ASML that is crucial for semiconductor production.
This article provides an overview of ASML and
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* China's plan for demonstration zones for intellectual property rights, a draft regulation on standard contracts related to personal information exports, imports of citrus fruit from Zimbabwe, and new tariff exclusions.
* Proposed U.S. legislation that restricts financial transactions connected to
CAC Drafts Standard Contracts for Personal Data Outflows
Recently the Cyberspace Administration of China (CAC) issued a draft regulation on standard contracts related to personal information exports. CAC is now soliciting comments on the draft until July 29.
IEA Issues Report on Chinese Dominance of Solar Panel Supply Chains
The International Energy Association (IEA) has released a report on solar panel supply chains that raises concerns about China's dominance of the sector and calls for diversification.
U.S. Treasury's Latest Iran Oil Sanctions Hit Chinese Firms
Yesterday, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) imposed new sanctions in relation to purchases of Iranian petroleum and petrochemical products, with sales to China implicated by the measures.
New Zealand Prime Minister Addresses China Trade, Foreign Policy Issues
In a foreign policy speech on July 7, New Zealand Prime Minister Jacinda Ardern gave a foreign policy speech that touched on several trade and foreign policy topics related to China.
China Allows Imports of Citrus Fruit from Zimbabwe
As of July 1, China started allowing imports of citrus fruit from Zimbabwe, the first kind of fresh fruit authorized for import from Zimbabwe.