Last week, the General Court of the Court of Justice of the EU issued judgements in Case T-480/20 and T-540/20 (Hengshi Egypt Fiberglass Fabrics and Jushi Egypt for Fiberglass Industry v Commission) addressing the issue of when the EU can impose countervailing duties against "cross-border" subsidies,

Guangzhou, the capital of Guangdong province, recently announced two investment funds that would incentivize innovation and industrial development in semiconductors, advanced manufacturing, and other emerging industries.

The U.S. House of Representatives Financial Services Committee held a hearing yesterday on "Combatting the Economic Threat from China." Issues that were discussed at the hearing included: bilateral trade, outbound and inbound investment related to China, Chinese lending, TikTok, and China's presence in Latin American

At a WTO Committee on Subsidies and Countervailing Measures meeting last October, China asked questions about two major U.S. subsidy measures, related to electric vehicles and semiconductors. The U.S. recently provided responses.

In the government spending legislation recently enacted by Congress, there is a provision on the disclosure, in the context of merger notifications, of subsidies that have been provided by "foreign adversaries." This provision is part of an effort underway in both the EU and the U.S. to

In an interview yesterday with CNN's Fareed Zakaria, Commerce Secretary Gina Raimondo talked about a number of issues related to U.S.-China economic competition.

Yesterday, three Chinese government agencies outlined 17 measures for different sectors and regions to "revive" the industrial sector of the economy, including the use of government funds to expand investment, and policies to stabilize foreign investment and exports. This came at a time when China faces economic pressures