The ongoing trade conflict between the European Union (EU) and China over anti-subsidy tariffs on Chinese electric vehicles (EVs) continues, as both sides remain at odds over the potential solutions and the impasse may be difficult to break.

Last week, Beijing opened all manufacturing sectors to foreign investment, and started pilot programs to attract foreign investment in the medical sector. This came at a time when foreign investment continues to find challenges in the market.

Today, China's Ministry of Commerce initiated an anti-dumping investigation on Canadian canola seeds, as part of its retaliation against Canada's tariffs on a number of Chinese goods.

Last week, the Dutch and U.S. governments both announced the expansion of their export controls in the semiconductor and quantum computing sectors.

At the Ministry of Commerce (MOFCOM) press conference today, a spokesperson for the agency called on the United States to remove "unpopular" Section 301 tariffs.

This week, Chinese President Xi Jinping held meetings with African counterparts on the sidelines of the ninth Forum on China-Africa Cooperation Summit (FOCAC). It was expected that these African leaders would seek more market access to China as well as more investment and technology transfer from China, and several deals

Not surprisingly, China is pushing back hard against Canada's recently announced tariffs on Chinese EVs, steel, and aluminum, with actions at both the multilateral and unilateral level.