Lawmakers raising national security concerns and seeking to disconnect a major Chinese firm from U.S. pharmaceutical interests have rattled the biotech industry. The firm is deeply involved in development and manufacturing of crucial therapies for cancer, cystic fibrosis, H.I.V. and other illnesses.
Chinese Company Under Congressional Scrutiny Makes Key U.S. Drugs
Latest:
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
Trump invites Chinese to build US auto plants
Trump’s offer to China went unreported in virtually all media. Mainstream US media attacked the former president for using the term “bloodbath” to describe the impact of prospective Chinese imports on the American auto industry, implying that he had threatened actual violence if he was not elected. But the transcript of his remarks at a Dayton, Ohio, rally makes clear that he was referring to industry conditions.
‘Xinjiang card’ an opportunistic, exaggerated political campaign against China
IPAC Members Campaign for German Chemicals Giant BASF to Withdraw from Xinjiang
Now they’re working on the Taiwan Strait:
IPAC urges studying the effects of conflict in Strait
Read More »Pepe Escobar
China, Russia and Iran will take the fight towards a more equal and just system to the next level, Pepe Escobar writes.
Year of the Dragon: Silk Roads, BRICS Roads, Sino-Roads
Previously:
By Herman Tiu Laurel
The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.
Yellen secretly yells for China’s help
Related:
In the absence of official scrutiny of Washington’s spending spree on Ukraine, The Grayzone conducted an independent audit of US funding for the country. We discovered a series of wasteful, highly unusual expenditures the Biden administration has yet to explain.
All aboard the gravy train: an independent audit of US funding for Ukraine
Video via Jason Hunt (Threats to international peace and security – Security Council, 9364th meeting)
Head of aerospace and defence group says western manufacturers will find it impossible to completely cut ties
‘We can de-risk but not decouple’ from China, says Raytheon chief
Related:
Aerojet gets $215 million to boost production of solid rocket motors used in weapons for Ukraine
The State Department confirmed on Wednesday that Secretary of State Antony Blinken will be visiting China, making him the highest-level Biden administration official to make the trip.
Blinken’s Visit to China Confirmed After Call With Chinese FM
Global Times:
Blinken visit still ‘opportunity’ amid mutual low expectations
Shortly before Blinken’s visit was confirmed by China, Chinese State Councilor and Foreign Minister Qin Gang had a phone call with Blinken at the latter’s request. During the phone call, Qin expounded on China’s firm stance on core concerns such as the Taiwan question.
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
Our previous article explained the importance of the Taiwanese firm TSMC as a critical link in the global semiconductor supply chain. Although it is not the only firm with the ability to manufacture cutting-edge logic chips, TSMC is the only viable choice for chip design companies in many situations, and under normal market conditions is likely to remain so for years to come. Control of TSMC’s foundries in Taiwan might thus appear a decisive factor both in Beijing’s readiness to risk attempting unification through force, and for other states deciding whether to take a strong stance against this.
Would China Invade Taiwan for TSMC? (archived)
Ms. Cat’s Chronicles 
You must be logged in to post a comment.