Biden’s New Executive Order Could Mean More U.S.-China Competition in Electric Vehicles
On August 5, President Biden issued an “Executive Order on Strengthening
American Leadership in Clean Cars and Trucks
[https://www.whitehouse.gov/briefing-room/presidential-actions/2021/08/05/executive-order-on-strengthening-american-leadership-in-clean-cars-and-trucks/]
,” making a push for electric vehicles (EVs) in the United
Business Groups Push Biden Administration on China Trade Policies
In a letter [http://docs.chinatrademonitor.com/IndustryLetter301PhaseOne.pdf] to
Treasury Secretary Janet Yellen and U.S. Trade Representative Katherine Tai, a
number of leading U.S. business groups outlined their priorities on
China-related trade issues. They focused on three key issues: 1) Implementation
of the Phase One agreement;
New SEC Rules Further Curb Chinese Companies’ IPOs
After the recent saga involving Chinese company Didi, which was subject to
investigations
[https://www.chinatrademonitor.com/china-tightens-data-security-scrutiny-on-technology-companies/]
by Chinese regulatory authorities only a couple of days after going public in
the United States, the U.S. Securities and Exchange Commission (SEC) is
Republican Senators Introduce Legislation To End Development Bank Assistance for China
Senator John Barrasso (R-WY) and 17 of his Republican colleagues have introduced
legislation [https://www.congress.gov/bill/117th-congress/senate-bill/2587/text]
(S.2587) that would put an end to assistance to China by multilateral
development banks. The logic behind the legislation is that China has grown
Australia Raises Various Chinese Trade Restrictions at WTO State-Trading Enterprise Meeting
It has been widely reported in the media that Australia-China trade relations
have deteriorated in recent months. Some aspects of this issue have been
discussed in WTO committees and other bodies. At the May 3 meeting of the WTO’s
Working Party on State-Trading Enterprises, for which the
U.S. Companies Ask for Extension of Section 201 Solar Tariffs
Two U.S. companies in the solar industry filed a petition
[http://docs.chinatrademonitor.com/PVCellsModules201ExtensionPetition.pdf]
yesterday with the International Trade Commission to extend for another four
years the Section 201 safeguard tariffs on crystalline silicon photovoltaic
(CSPV) cells and modules. The current tariffs are due to expire on
Australian Parliamentary Inquiry Considers China and Taiwan Accession to CPTPP
As part of an inquiry by the Australian Parliament into expanding the membership
of the CPTPP, both China and Taiwan came up as potential new members. The
Chinese Embassy and the Taiwanese Chamber of Commerce made written submissions,
indicating an interest in joining. During the related hearings, when pressed by