New Chinese SPS Announcements for Food Imports in June 2024
In June, China's General Administration of Customs followed through on recent agreements signed with countries including the United Arab Emirates, Malaysia, New Zealand, and Poland, and published the following SPS rules as domestic measures.
Ganfeng ISDS Claim Moves Forward on Mexican Lithium Mine
In response to Mexican government actions that it believes are undermining its lithium mining operations, Chinese company Ganfeng International Trading and two of its UK-based affiliates (Bacanora Lithium and Sonora Lithium) are pushing ahead with an ISDS complaint against Mexico.
China and Peru Sign Documents on FTA Upgrade and Other Trade Issues
China and Peru announced that they have substantially finished the negotiations on the upgrade of their 2009 free trade agreement. They also signed deals in other trade and economic areas.
U.S. Commerce Department Sets Preliminary CVDs on Chinese Paper Plates, Final AD/CVDs on Pea Protein
Last week, the U.S. Commerce Department issued decisions on anti-dumping/countervailing duties on paper plates and pea protein from China.
MOFCOM Starts Expiry Review on EU Chemicals
China's Ministry of Commerce said last Thursday that it would initiate an expiry review of anti-dumping measures on imports of toluidine from the EU.
Chinese Firms Sanctioned by EU and Japan Due to Russian Links
In a coordinated effort to intensify pressure on Russia for its ongoing war against Ukraine, more Chinese companies have now been subjected to sanctions, with the most recent ones imposed by the European Union and Japan. These measures are part of a broader G7 effort aimed at curtailing international support
China Not a Currency Manipulator, Remains on Monitoring List, Overcapacity a Problem, Says U.S. Treasury Report
Earlier this month, the U.S. Treasury Department issued its semiannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." China was not found to be a currency manipulator, but was kept on a "monitoring list."