During U.S. Secretary of State Antony Blinken's China trip last week, he and his Chinese counterpart exchanged views on overcapacity, a hot-topic issue in bilateral trade relations, as well as on "unfair" U.S. measures against China and China's "unfair trade practices.

At a press conference last week, the spokesperson for China's Ministry of Commerce rejected the concerns about overcapacity in the new energy sector. Instead, he stated, there is a "storage of capacity" to meet the growing demand.

On August 23, the Chinese Ministry of Commerce (MOFCOM), along with four other agencies, updated the controlled list of precursor chemicals for designated countries/regions.

This week, Macau hosted the 6th Ministerial Conference of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries. The participating countries agreed to further cooperation in digital economy and clean energy. Beijing also announced some trade facilitation measures and expressed willingness to reach trade and investment agreements

Last week, President Biden pushed for the tripling of existing Section 301 tariffs on Chinese steel and aluminum, and the White House made clear that part of the plan is to work with Mexico on reducing Chinese products being shipped through Mexico to the United States. Mexico has in recent

On April 19, China's Ministry of Commerce (MOFCOM) issued the final ruling on the anti-dumping investigation on polycarbonate imports from Taiwan, lowering the anti-dumping rates for four responding companies.

Last Friday, China's Ministry of Commerce (MOFCOM) announced its preliminary ruling on the anti-dumping investigation of U.S. chemicals, imposing a 43.5% anti-dumping duty.