China Imposes More Antitrust Fines for Failure to Notify Business Consolidation
On November 20, China’s State Administration of Market Regulation (SAMR) issued
decisions imposing fines on companies involved in 43 antitrust cases related to
anti-competitive practices. Fined companies include major tech companies
Alibaba, Baidu, JD, and Tencent.
According to the SAMR announcement
[http://www.samr.gov.cn/xw/zj/
Chinese Foreign Minister Calls for Mutual Respect, Says Countries Should Not Be Forced To Pick Sides
During a public speech on November 20, Chinese Foreign Minister Wang Yi
emphasized peaceful coexistence with the United States and cooperation with
ASEAN countries. He also stated that no one should "force any third party to
take sides in competition" or "start vicious competition such as decoupling
Commerce Secretary Raimondo Comments on Setting AI Standards with Like-Minded Allies
During an interview [https://www.youtube.com/watch?v=MvvLyCLsw3I] at the
Bloomberg New Economy Forum in Singapore last Wednesday, U.S. Commerce Secretary
Gina Raimondo made the case for setting artificial intelligence (AI) standards
with like-minded allies.
She began by emphasizing the importance of the field, noting that
Biden Administration Emphasizes That U.S. Policy Towards Africa Will Not Force a Choice Between U.S. and China
During a recent trip to several African countries, Secretary of State Antony
Blinken offered some comments on how the Biden administration sees the role of
the United States and China in Africa, emphasizing the positive impact the
United States hopes to have on Africa and deemphasizing the idea of competition
Australia Makes First Submission in China - Barley WTO Dispute, Makes Claim on Individual Dumping Margins
Following up on earlier posts about Australia's complaint
[https://www.chinatrademonitor.com/australias-wto-complaint-against-chinas-ad-cvd-determinations-on-barley/]
and the panel composition
[https://www.chinatrademonitor.com/china-barley-ad-cvd-wto-panel-composed/] in
the China - Barley WTO dispute (DS598), Australia has now posted
More Details Emerge on WTO Debate Over Appointment of Taiwanese Delegate as Committee Chair
As we reported here and here, there has been a debate over the appointment of a Taiwanese delegate as chair of the WTO's Government Procurement Committee, with most parties to the agreement in favor of the appointment, but Hong Kong blocking consensus. The division continues at this Committee,
Australia and NZ Trade Ministers Comment on CPTPP and China Trade Issues
At a joint press conference
[https://www.trademinister.gov.au/minister/dan-tehan/transcript/press-conference-new-zealand-trade-minister]
on November 19 after their meeting, Australian Minister for Trade, Tourism and
Investment Dan Tehan and New Zealand Minister for Trade and Export Growth Damien
O'Connor were asked