Last week, the Hong Kong and Peruvian governments signed a free trade agreement, which they anticipate will help both sides to expand market access for their companies.

Last month, the Cyberspace Administration of China (CAC) issued a guideline on standard contracts for personal data flows in the Greater Bay area. Compared to the more general rules on cross-border data flows, the rules for the Greater Bay area alleviate the burden for business in some ways.

Last week, the WTO held a trade policy review for Hong Kong. In addition to comments on trade policy, the U.S., EU, and UK all made critical comments about China's actions that have led to the "erosion" of Hong Kong's "autonomy."

After Japan announced today that it will start discharging wastewater from the Fukushima power plant this Thursday, the Hong Kong and Macao governments quickly responded with decisions to suspend imports from some Japanese prefectures.

At the WTO's DSB meeting last Friday, the U.S., Hong Kong, and China all offered comments on issues underlying the recent WTO panel report that found U.S. origin marking requirements related to products from Hong Kong to be in violation of WTO rules.

In a ruling circulated yesterday, a WTO panel sided with Hong Kong in a complaint filed against the United States in October of 2020, finding that U.S. requirements that products from Hong Kong be labelled as originating in China were inconsistent with the GATT and could not be justified

Hong Kong recently announced [https://asia.nikkei.com/Economy/Trade/Hong-Kong-applies-to-join-RCEP-trade-agreement] that it had applied to join the Regional Comprehensive Economic Partnership agreement, the 15 nation trade agreement in the Asian Pacific region. CTM talked with Professor Julien Chaisse [https://www.cityu.edu.hk/slw/about-school/our-people/professor-chaisse-julien] of the