China just published its Statements at the DSB Meeting on 27 September 2021. most interesting is the part on the US-Solar Safeguards case, where China noted the following: 1. the panel lowered the legal standards for safeguard measures, esp on the causation analysis;
2. the panel failed to conduct an objective assessment of the matter by deferring to ITC's findings, esp on "unforeseen development" analysis re China's industrial policies.
3. the panel did not follow the proper standard of review by allowing post hoc rationalization by the US.
China also notes that this is the first time that a challenge on safeguard measures has failed in the WTO, & awaits "further instructions from the division of the Appellate Body, when it may eventually be composed, regarding any further steps to be taken by China in this appeal".
Hugely important decision from @EU_Commission, which used the role of CCP members in company management and decision to infer state interference on prices and costs, which led to the rejection of Chinese prices as the basis for normal value determination in anti-dumping cases.
In response, Xiamen Xiashun, one of the companies under investigation, argues that CCP membership is nothing more than joining "a religion or political party of its choice and it has no bearing on the decision making in the company".
Personally, I find the reasoning of @EU_Commission a bit weak. Instead, I'd suggest @EU_Commission use this direct quote from Board Chairman of the company, as reported in 2015:
"Party organization & party members have played a vital role in ensuring our impressive performance."
China's Deputy Permanent Representative to the @UN: “Rule-based international order” is a violation of the spirit of the rule of law. newsus.cgtn.com/news/2021-10-1…
"there is only one international system, i.e. the international system with the United Nations at its core. There is only one international order, i.e. the international order underpinned by international law."
"And there is only one set of rules, i.e. the basic norms governing international relations underpinned by the purposes and principles of the U.N. Charter"
1. a man and two women:
Remember this guy? The former CEO of Taobao and heir apparent to Jack Ma. He got into a high-profile scandal last year when he was allegedly involved in an extra-marital affair, then Alibaba rushed to removed all posts from social media.
This is how the scandal made its way into a high-level report to the top leadership, where the CAC called it an example of "capital manipulating media". Since then, Alibaba has been ordered to divest its huge media empire, as reported by @WSJ in March. wsj.com/articles/beiji…
1. The 2021 list is a very broad ban on everything relating to the news media sector, while the 2020 list does allow non-public capital participation, subject to equity caps.
2. While many of the items banned in 2020 remain banned in 2021, there have been many important additions on the 2021 list, including banning non-public capital from engaging in news reporting & editing, public account, importing foreign news, holding news summits or prize awards
What is China's secret success formula?
unveiled today in a story called "Why We can Succeed" on the front page of the People's Daily:
"The leadership of the Communist Party of China is our greatest advantage from victory to victory...
It is precisely because of the greatest advantage of the party’s leadership that we have achieved great achievements in rapid economic development".
"The greatest significance of China’s peaceful development to the world lies ...in the new Chinese-style modernization path created by China and the new form of human civilization created by China, which contributes Chinese wisdom and Chinese solutions to mankind"