FDI in China Reached a Record High in 2021; Will It Continue in 2022?
The Chinese Ministry of Commerce said on January 13 that foreign direct investment into the Chinese mainland reached a record high of 1.15 trillion yuan ($173.48 billion) last year, and promised efforts to attract more FDI in the new year. How effective such efforts will be depends in
EU Anti-Dumping Decision on Steel Products Discusses Role of CCP in Company Management
The European Commission has adopted a definitive anti-dumping duty on imports of certain grain-oriented flat-rolled products of silicon-electrical steel originating in the People’s Republic of China, Japan, the Republic of Korea, the Russian Federation and the United States of America following an expiry review of
Hong Kong Court Rejects Effort To Move Port Dispute Legal Proceedings to Djibouti
In a ruling last week, the Court of Appeal of the High Court of the Hong Kong Special Administrative Region upheld a judge's decision that a contract dispute between a Dubai company and a Chinese company related to a Djibouti port should not be moved from the Hong
China Releases 2021 Trade Data, Surpassing $6 Trillion in Total Trade For the First Time
On January 14, China's General Administration of Customs (GACC) released its trade data for 2021. China's total trade in 2021 reached a record high 6.05 trillion USD, while its trade surplus also broke the record and amounted to $676.4 billion USD. Along with the
China Suspends Certain Imports from Slovenia and Palestine Due to Sanitary Concerns
According to China's Customs agency, China is suspending imports of poultry products from Slovenia and cloven hoofed animal products from Palestine, citing sanitary concerns.
U.S. Legislation Introduced to End Reliance on China for Rare-Earth Elements
Last week, Senators Tom Cotton (R-AR) and Mark Kelly (D-AZ) introduced legislation intended to "protect America from the threat of rare-earth element supply disruptions, encourage domestic production of those elements, and reduce our reliance on China."
CTM Weekly Newsletter
This past week's CTM pieces covered Chinese trade remedies and Chinese actions related to food imports, copyright and anti-trust, as well as new trade related developments between China and some Arab states; speeches by Biden administration officials on the Phase One deal, actions by Justice Department officials