The $260 million fund will be used to back startups working on new drugmaking approaches like protein degraders and RNA therapies.
BUSINESS
In jab at China, US development official touts ‘big-hearted’ aid rooted in cooperation, ‘not debt traps’
Private sector crucial to helping Washington advance policy goals in Global South as alternative to ‘never-ending foreign assistance dependence’ Insights shared as US seeks to deepen foothold in Asia, …
China’s Latin American investments downshift to smaller, more strategic projects
High-risk, high-cost mega-infrastructure projects like those backed by Belt and Road Initiative decline in popularity, with developments now seen in sectors with faster returns and fewer operating …
Did the US Really Import More Goods from Mexico than China?
In 2023, Mexico overtook China as the No. 1 source of goods imported to the United States for the first time in over two decades, according to data from the U.S. Commerce Department. The value…
China and U.S. begin new round of ‘panda diplomacy’ with iconic giant bears being sent to San Diego Zoo and possibly Washington in bid to turn around souring relations
China had recalled nearly all its pandas on loan to the United … to deepen the friendly ties between our two peoples,’ Xi said during a dinner speech with business leaders. The two leaders held…
New Leak Shows Business Side of China’s APT Menace
i-SOON’s “business services” webpage states that the company … tried to recruit new talent by hosting a series of hacking competitions across China. It also performed charity work, and sought to …
Commodity prices face downward pressure as China’s economic woes continue – CME Group
The CME Group said Thursday that commodity prices may experience downward pressure over a longer-term time horizon as the world’s second largest economy, China, continues to face economic struggles.
Nvidia is walking a tightrope on China chip sales
Powered by surging demand from generative AI models, Nvidia late Wednesday reported a quarterly revenue increase of 265% compared to the prior year, earnings that beat big expectations and sent the …
3AC’s $700M Worldcoin windfall, China vs the crypto spies: Asia Express
is taking aim at foreigners allegedly using crypto as a means to facilitate intelligence gathering in mainland China. According to a report by the Ministry of State Security (MSS), the CCP’s national …
China regulator says stocks exchanges do not limit share selling
The Chinese Securities Regulatory Commission (CSRC) was responding to a media report that suggested that China had banned major institutional … Reuters provides business, financial, national and …
Nvidia has begun sampling two new AI chips for China market, says CEO
Nvidia is currently offering customers samples of its two new artificial intelligence chips aimed at the China market, its CEO Jensen Huang said, in a bid to defend its market dominance in the country …
US Army soldiers are working closer than ever with allies in the Pacific to counter China’s ‘aggressive, insidious’ ways, top general says
and the “persistent state of partnering” with allies is “the greatest counterweight” against China’s “aggressive, insidious” behavior, US Army Pacific’s commanding general told Business Insider during …
How a billionaire Democrat fueled the Biden anti-LNG pressure campaign while placing lucrative bets in China
“The money trail from American taxpayer dollars to Chinese interests is even more appalling when you see these environmental advocates brag about how it’s better to do business in China than in the …
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