Treasury proposes curbs on US investment in Chinese biotech, licensing exempt
Published 12 h ago1 sourceEvidence: Reported
Beijing publicly condemned a US proposal to restrict investments in Chinese biotech firms, calling it contrary to mutual interests. The move signals escalating US-China tech decoupling extending into biotechnology, with potential implications for cross-border capital flows and sector supply chains. The proposal's scope and timeline remain unclear, and China's response suggests possible retaliatory measures.
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