The U.S. should "lift" its newest semiconductor export controls on China "as soon as possible," China's Ministry of Commerce said Oct. 18, according to an unofficial translation. The ministry said the moves abuse export control measures, "generalize the concept of national security" and are "unilateral bullying." The country "will take all necessary measures to resolutely safeguard its legitimate rights and interests." The new controls were announced in two rules by the Bureau of Industry and Security this week (see 2310170055).
Australia's antidumping commission recommended against renewing the antidumping duties on wind towers from China when they expire on April 16, 2024. Issuing the findings of a sunset review of the duties on Oct. 16, the commission said that revoking the duties wouldn't cause damage to the domestic industry.
Logistics companies, especially those based in China, should closely examine their U.S. export control risks, particularly after the Commerce Department added a range of Chinese logistics firms to the Entity List earlier this month for their involvement in microelectronics exports to Russia (see 2310060044), major Asian law firm King & Wood Mallesons said in a client alert last week.
Certain logistics companies and other parties that were previously eligible to be importers of record when shipping into Japan may no longer qualify as an IOR after a recent clarification by Japan’s customs authority, DLA Piper said in a client alert last week. The firm said it “may be worth reviewing the existing arrangements used for exporting goods to Japan to confirm who” must pay the Japanese consumption tax, which is done by the IOR, and who will be entitled to claim tax credit for that paid tax.
Although the EU, the U.S. and other nations want companies to pursue a de-risking strategy toward China, the Chinese government has a “number of tools” to make Western firms’ de-risking strategies “a lot less attractive to the company,” said Janka Oertel, director of the Asia program and senior policy fellow at the European Council on Foreign Relations. She said Western governments should keep in mind that some companies may not voluntarily choose to de-risk, especially if they're given a convincing business offer from Beijing.
The U.S. decision to add 49 entities, mostly from China, to its Entity List for exporting microelectronics to Russian consignees linked to the Russian defense sector is a "typical act of economic coercion," China's Ministry of Commerce said last week, according to an unofficial translation. The ministry said it opposed the additions, which took effect Oct. 6 (see 2310060044). China called for the immediate cessation of the listings, noting it will take "all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises."
The EU's decision to open a countervailing duty investigation on electric vehicle batteries from China lacks sufficient evidence and violates World Trade Organization commitments, China's Ministry of Commerce said Oct. 4, according to an unofficial translation. The ministry characterized the move as "naked protectionism."
Companies should review existing and prospective agreements for potential liability under China's anti-foreign sanctions law, Evan Chuck of Crowell & Moring advised during a Practising Law Institute webinar on Sept. 26.
Russia has amassed over 150,000 surplus shipping containers due to the large increase in goods coming from China but a much lower number leaving the country, an analysis from German trading platform Container xChange found. The excess containers are causing headaches for Russian rail depots.
U.S. vegetable exporters may benefit from Japan’s record-breaking summer heat, which has delayed the planting of autumn and winter vegetables in the country, USDA’s Foreign Agricultural Service said in a report in September. Although the agency said Japan is “nearly self-sufficient for fresh vegetable consumption,” it may increasingly turn to imports to make up for supply shortfalls. U.S. exporters of onions, celery and lettuce could benefit, USDA said.