Mayer Brown
US-China Trade
 

VOLUME 1 | ISSUE 7 | August 2022

 
Brief
 

As global economic and geopolitical environments enter a new era, companies need to continuously develop and adjust their coherent global business strategies to secure and further expand business opportunities in all markets while minimizing political and legal risks by ensuring compliance. To assist you with that task, Mayer Brown’s US-China Trade Monthly provides news and insights related to the latest US developments impacting the US-China bilateral trade relationship. In the current issue, we will discuss: (1) the Commerce Department weighing a new export control regime specifically geared towards China; (2) the recently released US State Department’s 2022 Trafficking in Persons report and its forced labor section; and (3) an overview of the recently signed CHIPS Act.   

 
 
Brief
 

Commerce Department Conducting Outreach on New Export Control Regime Focused on China

During a July 20 hearing before the House Foreign Affairs Committee titled “Assessing the U.S. Economic Policy Response to Russia’s Invasion of Ukraine,” Under Secretary of Commerce for Industry and Security Alan Estevez discussed the future of export controls on Russia in response to its invasion of Ukraine, and how this export control regime could be replicated with respect to China.

Read more >>

 
 
State Department
 

State Department Releases 2022 Trafficking in Persons Report, with a Special Focus on Forced Labor

On July 19, the State Department released its 2022 Trafficking in Person (“TIP”) report. In the report, China was classified as a Tier 3 country, consistent with its 2021 ranking, and the worst ranking the Department can give. The 2022 TIP report has a special section discussing alleged forced labor in China, including in Belt and Road Initiative projects, demonstrating that the issue remains a priority for the Biden administration.

Read more >>

 
 
President Biden
 

President Biden Signs CHIPS Act into Law

On Tuesday, August 9, President Biden signed the CHIPS and Science Act of 2022 (H.R. 4346) (“the CHIPS Act”). The Act’s goal is to “strengthen American manufacturing, supply chains, and national security, and invest in research and development, science and technology, and the workforce of the future” for “the industries of tomorrow, including nanotechnology, clean energy, quantum computing, and artificial intelligence.” 

Read more >>

 
 
Authors
 

Jing Zhang
Partner, Washington DC
+1 202 263 3385
jzhang@mayerbrown.com

Jennifer L. Parry
Associate, Washington DC
+1 202 263 3185
jparry@mayerbrown.com

Ellen L. Aldin
Associate, Washington DC
+1 202 263 3084
ealdin@mayerbrown.com

 
 
Contacts
 

Asia
Jing Zhang
Partner, Washington DC
+1 202 263 3385
jzhang@mayerbrown.com

 

Americas
Duane W. Layton
Partner, Washington DC
+1 202 263 3811
dlayton@mayerbrown.com

European Union
Nikolay Mizulin
Partner, Brussels
+32 2 551 5967
nmizulin@mayerbrown.com

 

United Kingdom
Jason Hungerford
Partner, London
+44 20 3130 3084
jhungerford@mayerbrown.com

 
 
US-China
 

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