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Asia

(Daily News)
October 29, 2020

Chinese party leaders mapping out the country’s future policy direction this week emphasized a need for China to become technologically independent and spur domestic growth and consumption to foster innovation in high-tech areas, according to a communiqué released Thursday following the Communist Party’s fall plenum.


(Daily News)
October 29, 2020

Secretary of State Mike Pompeo talked trade during meetings with high-level officials in India, the Maldives, Sri Lanka, Vietnam and Indonesia this week, stressing U.S. hopes for stronger economic ties throughout the region -- and Jakarta in particular.


(In Trade)
October 29, 2020

In response, the Chamber said companies are “actively working to ensure their supply chains reflect their commitment to those values, including in their engagement on these issues with the U.S. government.”


(Daily News)
October 29, 2020

Senate Finance Committee Chairman Chuck Grassley (R-IA) on Thursday backed the U.S.’ continued support of Korean Trade Minister Yoo Myung-hee to lead the World Trade Organization despite majority support for her rival.


(In Trade)
October 29, 2020

“The domestic industry has found evidence that Chinese businesses may be engaged in transshipment, circumvention, and evasion.”


(Daily News)
October 28, 2020

The Office of the U.S. Trade Representative defended its choice in World Trade Organization director-general candidate on Wednesday, arguing the organization “must” be led by someone with "hands-on" experience in trade and that person is Korean Trade Minister Yoo Myung-hee.


(Daily News)
October 28, 2020

The United States and the European Union on Tuesday chastised China for failing to adequately report steel and semiconductor sector subsidies to the World Trade Organization, while Beijing called a new U.S. practice of investigating currency valuation as a countervailable subsidy an abuse of the system, according to a Geneva official.


(Daily News)
October 28, 2020

Nigeria’s Ngozi Okonjo-Iweala was named on Wednesday as the director-general candidate with the widest support, but her appointment remains in question after the U.S. told members it could not join the consensus for her to lead the WTO, according to a source in the room and other reports. 


(In Trade)
October 28, 2020

The 20-metric ton shipment arrived this week, which USTR said proved Trump’s deal was delivering for farmers.


(Daily News)
October 27, 2020

The World Trade Organization will announce its consensus director-general pick on Wednesday, with Nigeria’s Ngozi Okonjo-Iweala picking up momentum after winning European Union support this week.


(In Trade)
October 27, 2020

The U.S. was urged to make “a more objective assessment.”


(In Trade)
October 27, 2020

“Efforts by the Chinese have devasted the U.S. polysilicon industry, and the stakes of reopening the Chinese market have never been greater,” according to the Michiganders.


(Daily News)
October 27, 2020

Key policies under consideration in Beijing this week signal the country is aiming to increase its control over companies and the economy rather than striving for market orientation, U.S.-China Business Council President Craig Allen said this week.


(In Trade)
October 26, 2020

Next year’s targets are even bigger than this year’s targets, so it’s going to be even harder to catch up.


(Daily News)
October 26, 2020

The U.S. on Monday appealed a World Trade Organization ruling that said its Section 301 tariffs on China violated international trade rules, arguing the report contained factual errors and represented a “missed opportunity” for the WTO to address unfair trade practices by Beijing.


(Daily News)
October 23, 2020

China has purchased more than 70 percent of the U.S. agricultural products it pledged to buy during the first year of its phase-one trade deal with the U.S., according to a new report from the Trump administration that relies on a new method of tracking purchases.


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