2022 Chinese Tax Exemption for Semiconductors Opens for Application
According to a recent notice issued by five Chinese agencies, as of March 25, companies that want to benefit from the preferential tax policy for the integrated circuit and software sectors in 2022 will have to submit their application within three weeks from that date. The notice lays out the
USITC Finds Threat of Injury, Commerce Department Finds Dumping for Mobile Access Equipment from China
Based on affirmative determinations from both the U.S. Commerce Department and the International Trade Commission (USITC), the United States will soon impose anti-dumping duties on certain mobile access equipment (e.g. boom lifts, scissor lifts, and material telehandlers) and subassemblies thereof from China, which will be in addition
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* Chinese IP rulings and judicial interpretations; the Chinese foreign minister's meetings with the foreign ministers of three African countries
* A virtual meeting between Xi and Biden and a rundown on stated positions of the two governments on Russian sanctions
* A
SEC Adds One Chinese Company for Delisting
The U.S. Securities and Exchange Commission (SEC) added one Chinese company to the provisional list of companies that fail to comply with U.S. auditing requirements.
U.S. Reinstates Tariff Exclusions for 352 Items
The Office of the U.S. Trade Representative (USTR) recently issued a list of products from China that would be excluded from the Section 301 tariffs. In response, Chinese officials called for the elimination of all the Section 301 tariffs.
US-UK Steel/Aluminum Tariff Deal Involves Scrutiny of Chinese Ownership of UK Company
A recent resolution of a U.S.-UK trade dispute over steel and aluminum tariffs will lead to an audit of the financial records of a Chinese-owned UK steel company, in order to "assess influence from the People’s Republic of China government."
Several African Foreign Ministers Visit China
Recently, Chinese Foreign Minister Wang Yi met with the foreign ministers of Zambia, Algeria and Tanzania, with the meetings involving discussions of bilateral economic relations, the Belt and Road Initiative, and Ukraine.