China, South Korea Sign Tech and Trade Pacts During State Visit
China and South Korea signed a sweeping package of government and private-sector agreements this week during a state visit by South Korean President Lee Jae-myung. The deals, finalized in Beijing, are designed to deepen bilateral cooperation in trade, technology, and intellectual property as both nations seek to stabilize economic ties.
Beijing Imposes Export Controls on Japan for Military End-Uses
China's Ministry of Commerce (MOFCOM) announced today that it will tighten export controls on dual-use items destined for Japan, citing a need to curb Japanese military capabilities and safeguard national security. The move is the latest escalation from Beijing as geopolitical tensions between the two nations intensify over
Beijing Hits Out at EU over "Double Standard" for CBAM, Auto Policies
China’s Ministry of Commerce (MOFCOM) issued a sharp rebuke of the European Union, accusing Brussels of using climate policy as a "guise" for trade protectionism. The statement comes as the EU moves to expand its Carbon Border Adjustment Mechanism (CBAM) while simultaneously revising internal environmental targets for
Trump Administration Orders Divestment By China-Linked Chip Company
The Trump administration ordered the divestment of an asset purchase involving a semiconductor company, on the basis that one of the founders of the purchasing company is a Chinese citizen. At this time, there are few public details on the specific security concerns the administration has about the deal.
China Sets Preliminary Duties on EU Dairy
In late December, China's Ministry of Commerce reached a preliminary ruling imposing anti-subsidy duties as high as 42.7% on European Union dairy imports.
China Sanctions 20 U.S. Defense Firms over Taiwan Arms Sales
In late December, China imposed sanctions on twenty U.S. defense companies and ten executives in retaliation for a new approval by the U.S. government of arms sales to Taiwan.
As China Imposes Beef Safeguard Measures, U.S., Australia Request Consultations
After China notified the WTO's Safeguards Committee of a finding of serious injury or threat thereof to its domestic beef industry as part of a safeguards investigation, the U.S. and Australia pushed back with requests for consultations under the Safeguards Agreement.