U.S. Defense Bill Prohibits Certain Procurement from Xinjiang Region
In the $768 billion
[https://www.nytimes.com/2021/12/15/us/politics/defense-spending-bill.html] U.S.
defense spending bill that Congress recently passed (National Defense
Authorization Act for Fiscal Year 2022, H.R.4350
[https://www.congress.gov/bill/117th-congress/house-bill/4350]), there is a
DJI and Other Chinese Companies Added To U.S. Treasury Investment Blacklist
The Office of Foreign Assets Control at the U.S. Treasury Department has
[https://www.federalregister.gov/documents/2021/12/22/2021-27642/notice-of-ofac-sanctions-actions]
added
[https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20211216]
the Chinese company DJI, a maker of drones, and seven
Guest Post: 30 Years of Diplomatic Relations Between Korea and China: Changes in Trade Structure and Its Implication
This is a guest post by Kyounghwa Kim of the Korea International Trade
Association (KITA). It summarizes a longer KITA report by Bo-Hee Jun and Ui-Yoon
Jo.
The Korea International Trade Association (KITA) published a paper entitled “30
years of Diplomatic Relations between Korea and China: Changes in
EU Anti-Dumping Decision on Steel Wind Towers Discusses Role of CCP in Company Management
The European Commission has adopted
[https://trade.ec.europa.eu/doclib/press/index.cfm?id=2346] definitive
anti-dumping measures on imports of steel wind towers from China. The level of
the anti-dumping duties ranges from 7.2% to 19.2%. One aspect of the
Commission's reasoning
U.S. Commerce Department Adds More Chinese Companies to Entity List, Focusing on Biotech
In an announcement
[https://www.commerce.gov/news/press-releases/2021/12/commerce-acts-deter-misuse-biotechnology-other-us-technologies-peoples]
of a final rule to be published in the federal register
[https://www.federalregister.gov/documents/2021/12/17/2021-27406/addition-of-certain-entities-to-the-entity-list-
WTO Members Discuss Chinese Export Control Law
In recent years, China has been developing an export control law, which to some
extent is similar to that of the United States and other countries. As China is
still developing the implementing regulations, other governments have been
weighing in and raising concerns.
At the July 8 and 9, 2021
China and France Hold High Level Dialogue to Strengthen Cooperation on Trade and Financial Services
On December 13, China and France held the 8th High Level Economic and Financial
Dialogue. The two sides discussed cooperation on trade and financial services
markets, as well as macroeconomic policy coordination. Chinese Vice-Premier HU
Chunhua and French Economy and Finance Minister Bruno Le Maire co-chaired the
Dialogue.