Huan Zhu
China and U.S. Exchange Criticism at the WTO
Yesterday, China's top envoy to the World Trade Organization (WTO) accused the United States of disrupting global supply chains and using "power-based" trade policies that are eroding the rules-based multilateral system. The U.S. delegation pushed back and accused China of "incentiviz[ing] massive economic
Taiwan's Two-Day Sanction on South Africa: Cautious Chip Diplomacy
Taiwan issued its first-ever nationwide export controls in late September, which were then swiftly reversed. Nonetheless, the move is still significant, as it signals an effort by Taipei to leverage its dominance in the semiconductor industry for political aims.
China Warns Mexico as Trade Remedy Cases Rise
Trade friction is escalating between China and Mexico. Following the opening of a new investigation into the Mexican government's trade practices, China's Ministry of Commerce has now issued a rebuke against rising trade remedy investigations into Chinese goods, characterizing this trend as a sign that Mexico
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.