Huan Zhu
Foreign Investment in China Slumps, but Middle East Emerges as Bright Spot
Chinese Ministry of Commerce data shows that foreign investment in China has dropped over the first 11 months of this year. However, investment from the Middle East may become a new area for growth.
Canada's Sanctions Spark Tensions, China Vows to Strike Back
Last week, the Canadian government sanctioned eight Chinese officials and former officials. This could trigger another round of retaliatory sanctions, as past experience shows that China has responded to foreign sanctions with its own countermeasures, especially since the enactment of its Anti-Foreign Sanctions Law.
Foreign Hospitals Welcome in China, with Strings Attached
A pilot program allowing the establishment of wholly foreign-owned hospitals in nine Chinese cities offers new opportunities for international investors, but it also comes with specific restrictions and requirements, balancing the drive for foreign capital with the protection of sensitive medical practices and data.
MOFCOM Defends Drone Export Controls and Criticizes U.S. Telecom Equipment Removal
At today's press conference, China's Ministry of Commerce (MOFCOM) spokesperson He Yadong addressed several issues affecting international trade relations: Drone exports to the U.S. and Europe, Australian lobster imports, and U.S. efforts to remove Chinese telecom equipment.
U.S. Sanctions Chinese Firm, Citizen for Cyberattacks
The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) added a Chinese company and a Chinese citizen to its sanctions lists, on the basis of a 2020 firewall compromise.
China Extends Anti-Dumping Duties on Rubber Products
Last month, China's Ministry of Commerce extended its anti-dumping measures on rubber products from Japan and South Korea.
Beijing Launches Antitrust Investigation on Nvidia
Today, China's State Administration of Market Regulation (SAMR) launched an antitrust probe into U.S. chipmaker Nvidia.