Blacklisted Chinese firms plan lawsuits
BEIJING – Chinese companies targeted by a sweeping investment ban imposed by former President Donald Trump are considering suing the U.S. government after a federal judge suspended a similar blacklisting for Beijing-based smartphone maker Xiaomi. Lawyers familiar with the matter … Continue reading Blacklisted Chinese firms plan lawsuits
U.S. airline industry request passenger data
WASHINGTON — The U.S. airline industry is pledging to expand the practice of asking passengers on flights to the United States for information that public health officials could use for contact tracing during the pandemic. Airlines for America, an industry … Continue reading U.S. airline industry request passenger data
U.S. ban eight Chinese software apps
WASHINGTON – U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks before President-elect Joe Biden … Continue reading U.S. ban eight Chinese software apps
Moderna: Provides 600 million dosis of vaccine
CAMBRIDGE, Mass – Moderna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today provided a supply update for the Moderna COVID-19 Vaccine, increasing its base-case global production estimate from 500 to 600 million doses for 2021. Moderna said it … Continue reading Moderna: Provides 600 million dosis of vaccine
Tesla to receive lithium supply from China
Beijing – China’s Sichuan Yahua Industrial Group Co Ltd said on Tuesday it had signed a deal to supply battery-grade lithium hydroxide to U.S. electric vehicle (EV) manufacturer Tesla Inc for the next five years. Yahua, which is based in … Continue reading Tesla to receive lithium supply from China
U.S. bill could remove Chinese firms from U.S. exchanges
BEIJING – China said on Monday it firmly opposed U.S. President Trump signing a bill that would kick Chinese companies off U.S. stock exchanges unless they adhere to U.S. auditing standards, saying it contains discriminatory provisions against Chinese companies. “This … Continue reading U.S. bill could remove Chinese firms from U.S. exchanges
Covid-19: Baricitinib plus remdesivir shows promising
Washington – The combination of baricitinib, an anti-inflammatory drug, and remdesivir, an antiviral, reduced time to recovery for people hospitalized with COVID-19, according to clinical trial results published in the New England Journal of Medicine. The study was supported by the … Continue reading Covid-19: Baricitinib plus remdesivir shows promising
U.S. adds four more Chinese firms to Pentagon blacklist
WASHINGTON – Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. … Continue reading U.S. adds four more Chinese firms to Pentagon blacklist
China congratulates Biden on winning the presidency
BEIJING – China on Friday congratulated U.S. President-elect Joe Biden, who won the Nov. 3 election that President Donald Trump has not conceded, nearly a week after the former vice president clinched enough states for the win. “We respect the … Continue reading China congratulates Biden on winning the presidency
COVID Vaccine: Moderna is conducting a clinical trial
Washington – Moderna has finished accumulating data for a first analysis of its COVID-19 vaccine and expects to have an announcement on the vaccine’s efficacy by the end of the month, the company said in a statement Wednesday. Pfizer announced Monday that … Continue reading COVID Vaccine: Moderna is conducting a clinical trial