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
Proposed Legislation on U.S. Leadership in Space Addresses U.S.-China Competition
Republican Congressman Randy Weber of Texas has introduced H.R. 6391, the U.S. Leadership in Space Act of 2021. The legislation has several sections that specifically address competition with China in matters related to outer space.
China Rolls Out Final Trade Remedy Rulings on U.S. PPO
On January 6, China's Ministry of Commerce issued its final anti-dumping and countervailing duty rulings on polyphenylene ether / polyphenylene oxide originating from the United States. In these final rulings, the anti-dumping duties remained about the same as in the preliminary ruling, but the countervailing duties fell