China's Ministry of Commerce announced yesterday that it would extend the 47.1% anti-dumping duties it has been imposing on Japanese chemicals for another five years.

Last week, the Ukraine government designated Chinese phone company Xiaomi as an "international war sponsor". Xiaomi expressed its strong objection in response, as the listing may hurt Xiaomi's international image and financial position.

In February, China's Ministry of Commerce sanctioned two U.S. firms, Lockheed Martin Corporation and Raytheon Missiles and Defense, for their arms sales to Taiwan. Today the agency offered more specifics on the sanctions and the sanctioned executives.

China's Ministry of Commerce announced last Friday that it was starting a review of the anti-dumping and countervailing duties currently being imposed on Australian barley. This will kick off a domestic process that could potentially resolve a dispute between Australia and China, helping to ease the tensions in

Brazilian President Lula da Silva visited China last week, and the two sides signed a number of agreements related to trade, investment, lending, space exploration, technology and innovation. However, there was no announcement on Brazil joining the BRI, despite the hopes of some on both sides.

China's trade data for the first quarter of 2023 shows that its trade with the world dropped slightly from last year, although the March data shows a slight rise. In the meantime, China's shrinking trade with the United States continues.

The Cyberspace Administration of China (CAC), China's cyber watchdog, issued a draft regulation on generative artificial intelligence services, in an attempt to regulate this emerging technology. The draft sets out certain obligations for the service providers in this field, and is now open to public comments until May