The European Union is preparing to extend its curbs on Chinese imports of chemicals, furniture and machinery to fight a “China Shock 2.0,” after Beijing agreed in closed-door talks earlier this month to cap its hybrid car exports to the bloc. The European Commission plans to use safeguard measures to cut imports of chemicals, furniture […]

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On October 22, the US Treasury proposed adding biotechnology to the list of Chinese sectors that American capital may no longer finance. A week earlier, China’s Ministry of Commerce had proposed barring the foreign sale of five biomedical technologies, including cell and gene therapy platforms. Two governments that agree on almost nothing moved in the […]

The post The US-China biotech trade war that isn’t appeared first on Asia Times.