Huan Zhu
China Establishes Biopharma Pilot Project in Jiangsu
In a strategic move designed to bolster its bioeconomy, China’s State Council recently approved a new pilot program in the Jiangsu Free Trade Zone (FTZ), which will be used as a testing ground for system-wide innovation in the biopharma sector. One of the core innovations of the plan is
China Adds Retaliatory Authority as Section 301 Port Fees Loom
This week, China revised its international maritime transport rules and granted new authorities to retaliate against discriminatory measures from foreign nations, a move that comes ahead of the U.S. imposing port fees targeting China-built and China-operated ships.
China To Implement Export Licenses for EVs
This week, China’s Ministry of Commerce (MOFCOM) and a number of other agencies published new rules on export license requirements for electric vehicles (EVs), marking the latest effort to regulate its booming auto exports, and perhaps also to avoid trade tensions.
BIS Tightens Export Controls with New Ownership Rule
Today, the U.S. Commerce Department’s Bureau of Industry and Security published an interim final rule that expands the application of export control sanctions by tightening export controls so they apply to subsidiaries of companies on the Entity List or the Military End-User List.
China Starts Dumping Probe of Mexican, U.S. Pecans
Last week, China's Ministry of Commerce (MOFCOM) announced that it launched an ex officio anti-dumping investigation on pecans from Mexico and the United States, adding to mounting trade tensions with both countries.
China Probes Mexico's Trade Policies, Tariffs in New Barrier Investigation
China's Ministry of Commerce (MOFCOM) announced on September 25 that it has initiated an investigation against Mexico's "restrictive measures," claiming that they "will seriously damage the trade and investment interests of Chinese companies."
Beijing Blames U.S. Measures for Hindering Soybean, Boeing Deals
China’s Ministry of Commerce on Thursday signaled cautious optimism for greater U.S.-China economic engagement, but downplayed expectations for major new purchases of American soybeans or airplanes.