Huan Zhu

In Retaliatory Move, China Sanctions Two EU Banks

China's Ministry of Commerce today announced sanctions against two European Union banks, both headquartered in Lithuania. The move comes as direct retaliation after the EU sanctioned two Chinese financial institutions last month as part of its 18th package of sanctions against Russia.

China Extends Beef Import Investigation

On August 6, China's Ministry of Commerce extended its safeguard investigation into beef imports, a move that comes as the government faces a large volume of submissions and complex issues in the case.

China Imposes Anti-Dumping Duties on Canadian Canola, Citing Particular Market Situation

Today, China's Ministry of Commerce (MOFCOM) announced preliminary anti-dumping duties on canola seed imports from Canada, accusing the Canadian government of subsidizing its agricultural sector and distorting the market.

U.S., China Agree To Extend Tariff Pause

Yesterday, China and the U.S. agreed to extend the pause in the tariff escalation that had resulted from the Trump administration's "reciprocal tariffs," with the result of the pause being that the existing tariff situation will remain in place until November 10 as negotiations continue.

Nvidia Chips Face Scrutiny in China

Even with U.S. export approval, Nvidia’s H20 chips face a challenging market in China, where they are now under strict security scrutiny from Beijing.

China Vows Sanctions on Foreign Firms Violating Export Controls

Last week, China's Ministry of Commerce (MOFCOM) signaled its intent to sanction foreign companies found in violation of its export control measures, particularly those related to strategic minerals and dual-use technologies. It underscores China's commitment to fortifying its export control regime, which has been in the

U.S.-China Stockholm Talks Conclude, Await Decision on Next Step

Following two days of trade talks in Stockholm, Sweden, officials from China and the United States indicated a likely extension of their existing tariff pause.
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