MOFCOM Press Conferences
Total 45 Posts
U.S. Curbs on China Investment Spark Retaliation Threats
The Biden administration's recent move to restrict outbound investments to China has prompted swift condemnation from Beijing, which characterizes the measures as discriminatory and detrimental to global economic cooperation. As both countries grapple with the implications of these restrictions, concerns are mounting over potential retaliation and the broader
China Pushes Back on U.S. Drone Related Sanctions
The U.S. Treasury Department recently sanctioned two Chinese entities for helping Russia to build drones. China's Ministry of Commerce pushed back today, claiming that China has "strict control measures" over dual-use drones.
Beijing Publishes 2023 Outbound FDI Data
China's 2023 report on foreign direct investment (FDI) revealed that Chinese investment reached US$177.29 billion last year, with the majority going to Asian countries, while FDI in the EU and the U.S. dropped.
MOFCOM's First Anti-Discrimination Investigation on Canadian Tariffs
Last week, China's Ministry of Commerce (MOFCOM) disclosed more information about its anti-discrimination investigation on Canada's tariffs on Chinese EVs and other products, as well as several related measures.
Beijing Accuses U.S. of Economic Coercion Over Connected Car Rules
A spokesperson for China's Ministry of Commerce called the U.S. proposed rules on Chinese connected vehicles and related software and hardware "protectionist" and "economic coercion."
MOFCOM Urges U.S. to Lift Section 301 Tariffs
At the Ministry of Commerce (MOFCOM) press conference today, a spokesperson for the agency called on the United States to remove "unpopular" Section 301 tariffs.
China Starts Countervailing Investigation on EU Dairy
On August 21, China's Ministry of Commerce announced that it started a countervailing (anti-subsidy) investigation on EU dairy products, the latest move that could further escalate trade tensions between China and the EU.
