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Hong Kong wants a dispute panel to determine whether the U.S. measure is in line with WTO rules.
President Trump has banned U.S. entities from investing in companies on the Pentagon list.
China’s Ministry of Commerce this week named a veteran trade hand to serve as its new chief international trade negotiator and published the full text of the Comprehensive and Progressive Agreement on Trans-Pacific Partnership as Beijing continues its political maneuvering just days before President-elect Biden takes office.
The new rules impact China’s Intelligence Bureau of the Joint Staff Department as well as intelligence agencies in Cuba, Iran, North Korea, Russia, Syria and Venezuela.
A high-level U.S.-China meeting is not likely to take place early in President-elect Joe Biden’s term, U.S.-China Business Council President Craig Allen argued on Thursday, pointing to the pandemic and the lack of a confirmed Cabinet as the major obstacles.
The Commerce Department on Thursday named China and five other countries “foreign adversaries” in its much-anticipated interim final rule on securing the information and communications technology and services supply chain.
The Chinese government has responded to a litany of U.S. restrictions imposed by the Trump administration by releasing a blocking statute that will allow Chinese companies to seek civil damages from companies abiding by restrictions Beijing deems unfair.
A high-level Chinese delegation is expected to visit the U.S. soon after President-elect Joe Biden is inaugurated, a U.S. Chamber of Commerce executive said on Wednesday, adding the meeting could pave the way for a dialogue aimed at resetting the relationship.
European and Australian officials this week urged the incoming Biden administration to work with them in taking on China, including by reforming the World Trade Organization.
The U.S. Customs and Border Protection on Wednesday issued a long-awaited withhold-release order on all cotton and tomato products from China’s Xinjiang region, citing the use of forced labor in the Chinese province.
The department cited the transition to the Biden administration in announcing it had scrapped all travel plans this week, including Secretary Pompeo’s trip to Europe.
The new deadline is March 31.
Technology industry representatives say they are hopeful the Biden administration will bring stability and process back to regulatory policy making after four years of dealing with a mercurial Trump administration that was at times insufficiently engaged with the private sector and had a proclivity for taking action via unexpected executive orders.
“Taiwan-U.S. relations have been elevated to a global partnership,” Taiwan’s foreign minister said.