World Bank President Comments on China Economic Issues
During a speech this week on "Addressing Challenges to Growth, Security, and Stability," World Bank President -- and former official with the Reagan, Bush I, and Trump administrations -- David Malpass offered some thoughts on various issues related to China in the global economy.
Beijing Issues Documents on Logistics as Lockdown Affects Supply Chain
As COVID spreads quickly in China, many cities have imposed stringent measures to contain the outbreak. With disruptions to supply chains continuing to grow, Beijing recently issued documents to ensure smooth logistics and transportation.
Treasury Secretary Janet Yellen Comments on Economic Relations with China
While speaking at a think tank event yesterday, U.S. Treasury Secretary Janet Yellen offered a few thoughts on U.S. economic relations with China in light of the Russia-Ukraine war.
At Forum Macau, China Promises Stronger Economic Ties with Portuguese-speaking Countries
At a virtual ministerial meeting with Portuguese-speaking countries, Chinese Premier Li Keqiang promised to liberalize trade and investment with these nations, promote connectivity, and cooperate on environmental protection.
California Companies Ordered to Pay Almost $2 Billion on Sham Sales of Chinese Aluminum in the United States
Six California companies were ordered by a U.S. District Court Judge to pay $1.83 billion in restitution because of a scheme to conduct sham sales designed to avoid customs duties and inflate the value a Chinese company.
Republican Senators Push To Keep Federal Employee Retirement Savings from Chinese Firms that Undermine U.S. National Security
U.S. Senators Marco Rubio (R-FL), Tommy Tuberville (R-AL), and Tom Cotton (R-AR) sent a letter to four of President Biden’s nominees to serve on the Federal Thrift Retirement Investment Board, requesting that they "commit to withholding the retirement savings of U.S. service members
China Renews Anti-Dumping Measures on Paper Products from U.S., EU and Japan
China's trade agency recently finished the expiry review of anti-dumping duties imposed on unbleached sack paper/kraft paper imports from the United States, European Union and Japan. The background of the anti-dumping measures and the primary reasoning of the ruling is summarized below.