U.S. Senate Hearing on African Trade and Investment Evaluates China's Role
On July 28, the Senate Foreign Relations Committee held a hearing
[https://www.foreign.senate.gov/hearings/us-trade-and-investment-in-africa-072821]
on "U.S. Trade and Investment in Africa." Several of the remarks and questions
focused on China's role in African trade and
China Issues the First Negative List for Services Trade
On July 23, China released its first negative list for cross-border trade in
services. The document entitled Special Administrative Measures for Cross-Border
Services Trade at Hainan Free Trade Port (Negative List) (2021 Edition) (
海南自由贸易港跨境服务贸易特别管理措施（负面清单）
[http://www.mofcom.gov.cn/article/zwgk/zcfb/202107/20210703180049.shtml]) will
only
Tony Abbott and Liz Truss Comment on Various China Trade Issues
On July 27, the UK think tank Policy Exchange hosted an event [
https://policyexchange.org.uk/pxevents/strategic-trade/] on "Strategic Trade"
with former Australian Prime Minister Tony Abbott (currently an adviser to the
UK Board of Trade [https://en.wikipedia.org/wiki/Board_of_Trade]) giving the
CFIUS Notices from Chinese Purchasers See Relative Decline in 2020
On July 26, the Committee on Foreign Investment in the United States (CFIUS), an
interagency body that reviews certain transactions involving foreign investment
in the United States to determine the effect on national security, released its
annual report
[https://home.treasury.gov/system/files/206/CFIUS-Public-Annual-Report-CY-
U.S. Raises Concerns Again at the WTO About China’s Trade Measures Related to COVID-19
On July 20, the United States made another submission
[https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/G/SPS/GEN1943.pdf&Open=True]
to the SPS Committee targeting China’s trade restrictive measures taken as a
response to COVID-19. In the submission, which is the
Update on the U.S. - China WTO Dispute on TRQs on Agricultural Products
As we described here
[https://www.chinatrademonitor.com/new-developments-in-wto-dispute-on-trqs-on-agricultural-products/]
, on July 15 there were two developments in the U.S.-China WTO dispute related
to TRQs on certain agricultural products (DS517): 1) the United States
requested
authorization [https://www.worldtradelaw.net/
China Calls EU’s Carbon Border Tax Proposal WTO-Inconsistent
The European Commission recently proposed a package of legislative measures to
reduce the EU's carbon emissions by at least 55% by 2030, including a Carbon
Border Adjustment Mechanism
[https://ec.europa.eu/info/sites/default/files/carbon_border_adjustment_mechanism_0.pdf]
(CBAM). This proposal has drawn criticism