China-Cambodia and China-Nicaragua FTAs Go Before WTO Committee
Two recently negotiated Chinese FTAs are being examined by the WTO's Committee on Regional Trade Agreements (CRTA), and the WTO Secretariat has issued a "factual presentation" of these FTAs.
Foreign Hospitals Welcome in China, with Strings Attached
A pilot program allowing the establishment of wholly foreign-owned hospitals in nine Chinese cities offers new opportunities for international investors, but it also comes with specific restrictions and requirements, balancing the drive for foreign capital with the protection of sensitive medical practices and data.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* Antitrust investigation of Nvidia
* Official comments on China’s export controls, and trade issues with the U.S. and Australia
* Anti-dumping measures on rubber products from Japan and South Korea.
In the U.S.:
* New Section 301 tariffs on tungsten
MOFCOM Defends Drone Export Controls and Criticizes U.S. Telecom Equipment Removal
At today's press conference, China's Ministry of Commerce (MOFCOM) spokesperson He Yadong addressed several issues affecting international trade relations: Drone exports to the U.S. and Europe, Australian lobster imports, and U.S. efforts to remove Chinese telecom equipment.
TikTok Contests Canadian Office Shutdown, U.S. Court Decision
Earlier this week, TikTok announced a court challenge in Canada related to the shutdown of two of its offices, as well as a motion for an injunction to stop a U.S. appeals court decision from taking effect in order to allow the Supreme Court to hear its case related
U.S. Sanctions Chinese Firm, Citizen for Cyberattacks
The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) added a Chinese company and a Chinese citizen to its sanctions lists, on the basis of a 2020 firewall compromise.
U.S. Announces New Section 301 Tariffs on Critical Minerals
Today, the Office of the United States Trade Representative (USTR) announced tariff increases under Section 301 for imports of certain tungsten products, wafers, and polysilicon from China.