Yesterday, officials at the Chinese Ministry of Commerce (MOFCOM) held a roundtable discussion on semiconductor supply chains with European and Chinese companies and trade associations, emphasizing the importance of cooperation amidst China's new export control rules and indicating a potential relaxation of restrictions for EU-linked supply chains.

During a U.S. House Financial Services Committee hearing yesterday, at which Treasury Secretary Scott Bessent was testifying, Rep. Andy Barr (R-KY) raised the issue of legislation on Chinese outbound investment restrictions, and discussed with Bessent how Congress and the administration could work together on this.

Beijing has taken another step in its ongoing efforts to liberalize market access with the release of its 2025 negative list. This updated list shrinks the number of restricted sectors and removes several previous requirements. However, it also introduces new scrutiny for emerging industries like drones and internet services. Meanwhile,

Last week, Toyota and the Shanghai government signed a deal to build a new EV plant in the Jinshan District of Shanghai.

Beijing unveiled ambitious plans last week, spearheaded by the Ministry of Commerce (MOFCOM), to accelerate market opening across services industries from telecommunications to financial services, in a bid to bolster growth and align with high-standard international trade rules.

In recent months, Microsoft has taken steps back from the Chinese market, suspending services for some Chinese clients and winding down several operations. The moves have intensified fears of a deepening technological decoupling between the U.S. and China.

In response to the Trump administration's latest wave of tariffs, Beijing is mobilizing a comprehensive response that spans government statements, diplomatic outreach to American businesses, and a focus on domestic resilience.