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China's hand is deep in the U.S. biotech supply chain. A new survey finds almost 80 percent of American biotech companies contract with Chinese firms, and decoupling from them could be a long game. Some say switching partners could take up to 8 years.

https://ept.ms/BeijingHarvestsUSDNA_CIF



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China's hand is deep in the U.S. biotech supply chain. A new survey finds almost 80 percent of American biotech companies contract with Chinese firms, and decoupling from them could be a long game. Some say switching partners could take up to 8 years.

https://ept.ms/BeijingHarvestsUSDNA_CIF

BY China in Focus - NTD




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Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.

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