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.

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.

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'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'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.

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).

Last week, the British government imposed a new round of sanctions against Russia's "war machine," with five Chinese companies targeted.