With the proposed BIOSECURE Act in the US having moved to the Senate for a vote since the US House of Representatives passed related bill HR 8333 on 9 September, there is still lingering uncertainty over whether it will actually be signed into law and when.
Coping Strategies For China Industry Amid BIOSECURE Overhang
With the US BIOSECURE Act waiting for a Senate vote, there are signs it may be prompting some Chinese firms to look at their operations. In the meantime, two legal experts in China suggest a range of coping strategies for companies that may be deemed "of concern."
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