Highlights from Question & Answer Phase of China's Trade Policy Review
On December 22, the WTO circulated the question and answer part of China's Trade Policy Review. The full document is 562 pages and contains hundreds of questions and answers, so it is difficult to provide a comprehensive summary. What we have tried to do in this piece is
U.S. Treasury Lists Chinese Companies and Individual for Illicit Drugs
On December 15, the U.S. Treasury Department added one Chinese individual and
several Chinese companies to a designated list on the basis of their involvement
in illicit drug trade. The designated persons and related personnel would be
subject to sanctions, including blocking assets and denial of entrance into the
EU Countervailing Duty Decision on Aluminum Converter Foil Discusses Role of CCP in Bank Decision-Making
The European Commission has adopted
[https://trade.ec.europa.eu/doclib/press/index.cfm?id=2348] definitive
countervailing duties on imports of aluminum converter foil from China. The
level of anti-dumping duties imposed
[https://www.chinatrademonitor.com/eu-anti-dumping-decision-on-aluminum-converter-foil-discusses-role-of-ccp-
Japan Takes Measured Approach to Sending Government Officials to Beijing Olympics
Last week, Japan announced that it would not send a government delegation of
senior officials to the upcoming Beijing Winter Olympics. Kyodo News said
[https://english.kyodonews.net/news/2021/12/674ae8ca3073-breaking-news-japan-eyes-not-sending-senior-officials-to-beijing-olympics-sources.html]
that the decision was "
China Agrees To Use Arbitration Appeal Mechanism in WTO Wine Dispute With Australia
In a WTO complaint
[https://www.chinatrademonitor.com/key-legal-issues-in-the-wto-dispute-on-chinas-anti-dumping-rulings-on-australian-wine/]
by Australia against Chinese anti-dumping duties on Australian wine (DS602),
China and Australia have agreed to procedures
[https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?
China Addresses Administrative Market Barriers
China's National Development and Reform Commission (NDRC) recently issued 18
cases of local governments creating market barriers to curb competition, and
stated that it will continue working with other agencies and third-parties to
launch investigations to ensure the negative list system is fully implemented.
The NDRC announcement,
China Plans to Adjust Some Tariffs on Imports and Exports
China's Customs Tariff Commission of the State Council recently announced a
series of tariff adjustments, including voluntary tariff reductions, tariff
reductions under trade agreements, and in the meantime tariff hikes for some
items.
According to the notice
[http://www.gov.cn/zhengce/zhengceku/2021-12/15/content_5660939.