U.S. Commerce Department Imposes Fine for Illegal EDA Exports
Yesterday, the Department of Commerce’s Bureau of Industry and Security (BIS) imposed "an administrative penalty" of $95 million on Cadence Design Systems Inc. for "illegal exports of Electronic Design Automation (EDA) hardware and software and semiconductor design technology" to Chinese parties on the Entity List.
CK Hutchison Seeks Chinese Investor in Port Sale
Today, Hong Kong firm CK Hutchison, which operates vital ports around the world, announced a significant shift in its ongoing efforts to sell its port business, by bringing a Chinese investor into the consortium. This move underscores the complexities of divesting critical infrastructure in the current global climate.
EU Trade Commissioner Comments on U.S.-EU Trade Deal Implications for China
Over the weekend, the U.S. and EU announced some details of a bilateral trade deal, although many points remain unclear.
At WTO Meeting, Governments Criticize Various Chinese Anti-Dumping Actions
At a recent WTO meeting, governments whose producers have been subject to Chinese anti-dumping investigations expressed concerns about the methodologies and practices being used.
China Approves Synopsys Deal With Strings Attached
Earlier this month, China's market regulator conditionally approved a $35 billion acquisition by one U.S. company, Synopsys, of another, Ansys. The findings and conditions are summarized below.
WTO Meeting Hears Discussion of China's Beef Safeguards Case
At a recent WTO meeting, governments whose producers could be affected by China's safeguard investigation on imports of beef had a chance to weigh in and express their views.
CTM Weekly Newsletter
This past week, CTM covered the following issues:
In China:
* Expansion of Hainan Free Trade Port policies
* China's update of export control catalog
* Suspension of DuPont China antitrust investigation
In North America:
* New AD/CVD petitions from U.S. industry on solar products, involving transnational subsidies from China