China and Germany to Facilitate Data Flows, Aiming at Auto Sector
Yesterday, China and Germany signed a Memorandum of Understanding (MOU) on Cross-Border Data Flow Cooperation, another step to mitigate regulatory obstacles on data transfer, which plays an critical role in the auto industry.
Biden Administration Officials Discuss AI Export Restrictions
At a think tank event this week, two Biden administration officials offered views on AI competition with China and export controls being used in conjunction with this.
China and Malaysia Vow to Bolster Trade and Investment
Last week, the governments of China and Malaysia vowed to bolster cooperation in trade and investment, including in car manufacturing, and signed 14 deals during an official visit by Chinese Premier Li Qiang.
Canadian Parliament Hearing Discusses Forced Labor Concerns, EV Imports
The Standing Committee on International Trade in Canada's House of Commons is carrying out a study in preparation for the upcoming review of the USMCA, and in that context there have been discussions recently about imports of goods made with forced labor, as well as of Chinese EV
Canada Launches Public Consultations on Response to Chinese EV Imports
The Canadian government announced today that on July 2, it would "launch a 30-day consultation on potential policy responses to protect Canada’s auto workers and its growing EV industry from unfair trade practices, and prevent trade diversion resulting from recent action taken by Canadian trading partners."
Biden Administration Issues Proposed Rule to Implement Executive Order Addressing U.S. Tech Investments in China
A proposed rule issued by the U.S. Treasury Department provides additional details on an Executive Order issued by President Biden last year relating to U.S. investment in China in several sectors with a close connection to the development of military technology.
China Imposes Additional Sanctions on Lockheed Martin
China's Ministry of Foreign Affairs announced sanctions against three entities affiliated with Lockheed Martin, and three of its executives, for arms sales to Taiwan.