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
Proposed EU Steel Quotas Would Limit Chinese Imports, Creating New Trade Irritant
The EU is moving forward with new trade restrictions on steel imports, which are likely to aggravate trade tensions with China and other countries.
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.
U.S. Trade Rep. Greer Talks China Trade in Recent Interview
As part of an interview at the Economic Club of New York, U.S. Trade Representative Jamieson Greer touched on a number of key issues in China-U.S. trade relations, including rare earth export controls, a focus on trade in non-sensitive products, cultural aspects of negotiations, and trans-shipment.
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
WTO Panel Rejects EU Attribution of Chinese Subsidies to Indonesian Government
In a report circulated last week, a WTO panel found that an EU countervailing duty calculated in a way that attributed Chinese government subsidies to the government of Indonesia was inconsistent with the WTO's Agreement on Subsidies and Countervailing Measures (SCM).