Irish Data Protection Commission Announces New TikTok Inquiry
Following up on an earlier inquiry, the Irish Data Protection Commission (DPC) has announced a new inquiry into TikTok's practices related to the transfer of European user data to China.
New Chinese Report Touts Foreign Investment in China
A new report from a Chinese Ministry of Commerce-affiliated think tank paints foreign-invested enterprises as vital engines of the nation's economic modernization, innovation, and export competitiveness. Meanwhile, Beijing vows to stabilize and attract more foreign capital in some key sectors. Despite a rise in the number of new
EU-China Trade Tensions Continue Ahead of 50th Anniversary Summit
Last week, remarks from European Commission President Ursula von der Leyen on challenges presented by China ignited a strong rebuttal from China's Ministry of Commerce (MOFCOM) spokesperson, highlighting the deepening economic and trade disputes between the two global powers. As the EU and China prepare to commemorate 50
U.S. Court Rejects Hesai Attempt To Get Off Blacklist
In a ruling on Friday, a U.S. district court judge granted summary judgment to the U.S. government in a lawsuit by Hesai Technology, an electronics company headquartered in Shanghai, that argued it had been wrongly placed on a U.S. government blacklist.
Trump Administration Uses CFIUS To Unwind Equipment Company Purchase
In what could be a sign of things to come for other existing Chinese investments in the U.S., the Trump administration is ordering the divestment of a 2020 purchase of a U.S. audiovisual equipment company.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
* MOFCOM anti-dumping investigations on brandy, toluidine, and steel products
* Sanctions on Taiwanese companies
* Procurement restrictions on EU medical device companies
* Vietnam-China trade relations
* U.S. copper tariffs
* U.S. actions to address transshipment
* U.S. actions to restrict Chinese ownership of farmland
China Extends Anti-Dumping Duties on Chemicals and Steel Products
China's Ministry of Commerce (MOFCOM) recently finalized the expiry reviews of anti-dumping measures on EU toluidine and anti-dumping duties on stainless steel billet and hot-rolled stainless steel plates/coils from the EU and three other trading partners.