China is placing new dual-use export restrictions on eight entities based in Taiwan about a month after Taiwan added major Chinese technology companies Huawei and SMIC to its Entity List (see 2506160008).
China is imposing antidumping duties ranging from 27.7% to 34.9% for five years on brandy imported from the EU, China's Ministry of Commerce said, according to an unofficial translation. The duties won't apply to a list of 34 EU brandy products whose companies agreed to certain "price commitments" for their sales to China, a ministry spokesperson said. The new rates took effect July 5.
Beijing is barring European companies from selling medical devices to the Chinese government in retaliation for a similar measure announced by the European Commission last month (see 2506200015).
Beijing is following through on a trade agreement recently reached with Washington by approving license applications for certain exports to the U.S., a Ministry of Commerce spokesperson said July 4 in response to a reporter's question at a press conference, without providing specific details.
China this week criticized President Donald Trump's national security memorandum outlining a tougher approach to Cuba (see 2507010040), saying the U.S.'s "barbarian blockade and illegal sanctions" have violated Cuba's freedoms and hurt its people. "China firmly supports Cuba in following a development path fit for its national conditions, and opposes U.S. moves to abuse unilateral sanctions under the pretext of 'freedom' and 'democracy,'" a Chinese Foreign Affairs Ministry spokesperson said during a regularly scheduled July 2 press conference, according to an unofficial translation. "We urge the U.S. to immediately lift the blockade and sanctions against Cuba and remove the country from the list of 'state sponsors of terrorism.'"
Chinese surveillance technology company Hikvision criticized an order by the Canadian government directing it to stop operating in the country (see 2506300022), saying it was based on “unfounded allegations of national security concerns.” The company said the Canadian order was based on the fact that Hikvision is headquartered in China.
Japan imposed definitive antidumping duties on graphite electrodes from China on June 27, the Ministry of Finance announced. The duties will be imposed at a 95.2% rate following a finding that Chinese graphite electrodes injure the Japanese industry. They will be in effect for a five-year period starting July 3.
China is renewing its antidumping duties on stainless steel billets and stainless steel hot-rolled plates and coils from the EU, the U.K., South Korea and Indonesia, the country's Ministry of Commerce said June 30, according to an unofficial translation. The duties, which will remain in place for five years beginning July 1, include a 43% duty on EU and U.K. companies; a 103.1% duty on Korean companies, along with a 23.1% rate for South Korea-based Posco; and a 20.2% rate for Indonesian companies. Beijing said it renewed the duties, first imposed in 2019, to protect its domestic stainless steel industries.
The Singapore Exchange has recently asked entities listed on the exchange about their exposure to sanctions and export control risks, stressing that "inadequate compliance could lead to trading suspensions," Hogan Lovells said in a client alert this month.
Malaysia said it's looking into reports that a Chinese company is using servers with Nvidia chips and artificial intelligence chips for large language models training in Malaysia. The country's Ministry of Investment, Trade and Industry is "still in the process of verifying the matter with relevant agencies if any domestic law or regulation has been breached."