Latest Comprehensive Outbound Investment National Security Act News & Updates

Washington, June 3 (IANS) Bipartisan lawmakers in the US House of Representatives have introduced legislation that would subject American investments and technology transfers in China’s biotechnology sector to national security scrutiny, reflecting growing concerns in Washington over Beijing’s expanding role in global pharmaceutical research and manufacturing. The proposed Biotech Investment National Security Act (BINSA) would add biotechnology to sectors covered under the Comprehensive Outbound…