Last week, Beijing announced that it will sanction two U.S. companies -- Northrop Grumman and a Lockheed Martin unit -- over their arms sales to Taiwan. But experts pointed out that what comes next as part of the sanctions is unclear at the moment.

At an event held by the Council on Foreign Relations (CFR) yesterday, the two leaders of the House Select Committee on Strategic Competition Between the United States and the Chinese Communist Party, Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL), spoke with CFR President Mike Froman about issues

During this week's trip to China, U.S. Commerce Secretary Gina Raimondo discussed export controls, China's business environment and U.S.-China trade relations at meetings with Chinese officials and made additional statements in media interviews. Here are some highlights of her statements.

U.S. Secretary of Commerce Gina Raimondo is visiting China this week and meeting with her Chinese counterpart. The meeting offered both sides a chance to discuss contentious issues, including export controls, and to create four new mechanisms for communication.

At yesterday's press conference, the spokesperson for China's Ministry of Commerce (MOFCOM) commented on the recent U.S. executive order that restricts outbound investment in China, and provided updates on the ongoing trade barrier investigation against Taiwan and China's export controls on gallium and

Chinese officials pushed back against the new U.S. Executive Order that would curb certain outbound investment in China, calling it "blatant economic coercion and tech bullying" and vowing to take countermeasures.

China's Ministry of Commerce (MOFCOM) has issued its "2023 Report on WTO Compliance of the United States."