Huan Zhu
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
MOFCOM Considers Trade Barrier Investigation on EU FSR
The spokesperson for China's Ministry of Commerce said today that the agency is now reviewing a domestic petition for a trade barrier investigation on the EU’s Foreign Subsidies Regulation (FSR) investigations.
China and Germany to Facilitate Data Flows, Aiming at Auto Sector
Yesterday, China and Germany signed a Memorandum of Understanding (MOU) on Cross-Border Data Flow Cooperation, another step to mitigate regulatory obstacles on data transfer, which plays an critical role in the auto industry.
China and Malaysia Vow to Bolster Trade and Investment
Last week, the governments of China and Malaysia vowed to bolster cooperation in trade and investment, including in car manufacturing, and signed 14 deals during an official visit by Chinese Premier Li Qiang.
China Imposes Additional Sanctions on Lockheed Martin
China's Ministry of Foreign Affairs announced sanctions against three entities affiliated with Lockheed Martin, and three of its executives, for arms sales to Taiwan.
China and EU To Start Talks on EV Investigation
China's trade ministry and the European Commission have agreed to start consultations on the EU anti-subsidy investigation of Chinese electric vehicles (EVs), after China criticized the EU's practices during the investigation and warned of a trade war.
EU's EV Investigation Asked for "Unprecedented" Information, MOFCOM Says
China's Ministry of Commerce (MOFCOM) has criticized the European Commission for requesting an "unprecedented" amount of proprietary information during the anti-subsidy investigation of Chinese electric vehicles (EVs).