U.S. House of Representatives Passes Uyghur Forced Labor Bill
In a 428-1 vote yesterday, the U.S. House of Representatives passed
[https://clerk.house.gov/Votes/2021412?BillNum=H.R.1155] the "Uyghur Forced
Labor Prevention Act
[https://www.congress.gov/bill/117th-congress/house-bill/1155/text]," which is
intended to "[e]nsur[e]
Chinese Officials Speak Highly of China's Accession to the WTO and Say More Work Still To Be Done
At a recent conference, Chinese officials, including China's Ambassador to the
WTO, Li Chenggang, spoke highly of China's decision to join the organization,
and praised China's performance at the WTO over the past two decades. Li also
acknowledged that China should actively participate in
Australia Announces Diplomatic Boycott of Beijing Olympics [Update: Canada and UK Make Announcements Too]
At a press conference
[https://www.pm.gov.au/media/press-conference-penshurst-nsw] on December 8,
Australian Prime Minister Scott Morrison announced that Australia "will not be
sending any official representatives to the forthcoming Winter Games in China."
He cited "the human rights abuses in Xinjiang
EU Anti-Dumping Decision on Aluminum Converter Foil Discusses Role of CCP in Company Management
The European Commission has adopted
[https://trade.ec.europa.eu/doclib/press/index.cfm?id=2338] definitive
anti-dumping measures on imports of aluminum converter foil from China. The
level of the anti-dumping duties ranges from 15.4% to 28.5%. One interesting
aspect of the Commission's
SEC Finalizes Rules to End the Trading of Chinese Company Shares in the U.S.; China Remains Optimistic that a Solution Is Possible
On December 2, the U.S. Securities and Exchange Commission (SEC) finalized the
rules [https://www.sec.gov/rules/final/2021/34-93701.pdf] on disclosure
requirements for Chinese companies in relation to audit reports issued by
foreign accounting firms that the U.S. government does not have access to.
Two Events Discuss the Issue of Trade Coercion
Two events today discussed the problem of trade coercion. The first, entitled "
Responding to Trade Coercion: A Growing Threat to the Global Trading System
[https://asiasociety.org/policy-institute/responding-trade-coercion-growing-threat-global-trading-system-0]
," was put on by the Asia Society Policy Institute (ASPI)
Biden Administration Announces Technology Trade and Investment Collaboration (TTIC) Framework with Taiwan
The U.S. Commerce Department issued a press release
[https://www.commerce.gov/news/press-releases/2021/12/secretary-commerce-gina-m-raimondo-holds-introductory-call-taiwan]
of an introductory call between Secretary of Commerce Gina Raimondo and Taiwan
Minister of Economic Affairs Mei-hua Wang, announcing that they "