Background

Inheriting China policy, Biden will have issues

ST&R’s Nicole “Bivens Collinson has lots of stories like this. One company needed to hire a linguist in China to catch industrial spies trying to infiltrate the company. They aren’t quite sure if the espionage was private or directed by the government. Another company’s trademark and branding was altogether ripped off.”

[NPR]

U.S. crackdown on major Chinese cotton producer has fashion industry scrambling

“Given China’s status as one of the world’s largest cotton producers and its importance in fashion’s supply chain, any order targeting XPCC cotton could affect a wide range of clothing and footwear companies. WRC estimates more than 500 million products containing XPCC cotton could be entering the US every year.”

[Quartz]

Democrats question enforcement of forced labor prohibition on palm oil

“After receiving insufficient answers to prior questions on enforcement strategies for other withhold release orders (WROs), the lawmakers pressed Acting CBP Commissioner Mark Morgan to give U.S. consumers confidence that they are not buying goods that are produced in illegal and abhorrent working conditions.”

[House Ways and Means Committee]

UK, Singapore sign free trade agreement

“It is the latest step in Britain's strategy to ‘create a network of trade agreements with dynamic economies far beyond Europe,’ said the DIT. In October, Britain signed an economic partnership agreement with Japan, its first major trade deal as an independent trading nation after Brexit.”

[MENAFN]

Taiwan says on track to apply to join trans-Pacific trade pact

“One potential problem for Taiwan could be a parallel application for membership from China. Chinese President Xi Jinping said last month his country would ‘actively consider’ signing up for the CPTPP.”

[Reuters]

Copyright © 2021 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.

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