After a seven month long investigation, China's anti-trust agency decided to fine CNKI 87.6 million yuan (approximately US$12.7 million) for violating the Anti-Monopoly Law and abusing market dominance.

CTM recently had the honor of sitting down with former European Commissioner for Trade Cecilia Malmström, to talk about current and future EU trade policy on China, as well as the EU's broader trade policies relating to subsidies, carbon emissions, and human rights. Malmström is a nonresident senior

Starting on January 1, the Chinese government unilaterally lowered tariffs for some imports, mainly consumer goods, medical products, and industrial materials. In addition, lower tariffs will apply to some goods as a result of international agreements that China committed to previously. Finally, the government also adjusted some export taxes.

Today, Australian Minister for Foreign Affairs Penny Wong visited China and met with Chinese Premier Wang Yi. Both sides expressed their willingness to push for a thaw in the currently icy bilateral relations and to reset those relations, by restarting dialogues and talks.

China's Ministry of Commerce (MOFCOM) announced that it has launched an anti-dumping investigation on polycarbonate (PC) imported from Taiwan.

A Chinese regulatory agency recently finalized the new rules on data security in the industry and information technology sectors, which will come into force next year. The rules set forth requirements for data classification, data protection and cross-border data flows.

Last week, a U.S. regulator announced that it has secured access to the audit records of Chinese firms, averting an imminent delisting crisis for over two hundred Chinese companies.