Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?
    • Why mutual fund investors often earn less than the fund’s reported return
    • CI Global Asset Management Launches Global Small/Mid-Cap and International Growth Equity Mandates, Providing New Diversification Options for Mutual Fund and ETF Investors
    • Warren Buffett’s 1969 warning for mutual fund investors: What if your star fund manager quits? – Money News
    • 3 Defence Mutual Funds to Keep an Eye on in 2027 – Money Insights News
    • Spot BTC, ETH, and SOL ETFs see record inflows amid macro pressures
    • My Favorite Active ETFs | Morningstar
    • Solana Price Prediction as Crypto ETFs Attracted +$1.3B Inflows Last Week
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Senate targets Chinese biotech, investments in defence bill
    Investments

    Senate targets Chinese biotech, investments in defence bill

    October 9, 2025


    The US Senate backed legislation that would bar certain Chinese biotech companies from receiving federal funding and prohibit American investments in sensitive Chinese industries late Thursday night.

    Both bipartisan measures were added to the National Defence Authorisation Act on voice votes, reflecting widespread support. The House and Senate must agree on identical bills and have it signed by President Donald Trump for it to become law.

    Yet even with the Senate vote, it’s not certain the provision will ultimately become law. For example, last year’s version of the Biosecure Act was omitted from the final Defence policy bill amid concerns by some lawmakers about naming specific companies.

    This year’s Biosecure Act is written slightly differently. It would instead bar biotech companies from US funding that are deemed to be “biotechnology companies of concern.” Those could include Chinese military companies, as well as others that meet certain criteria, although the administration would have the ability to grant one-year waivers.

    “The threat is real and growing,” said Senator Bill Hagerty, a Tennessee Republican. “Communist China has openly identified biotechnology as a key domain for future warfare.”

    While the revised Biosecure Act doesn’t name companies that may face future scrutiny, firms previously targeted by Hagerty and Michigan Democrat Gary Peters included BGI Group, BGI spinoffs MGI Tech Co. and MGI’s US subsidiary Complete Genomics Inc., WuXi AppTec Co. and WuXi Biologics.

    Another measure added to the annual Defence policy bill is the FIGHT China Act, by Texas Republican John Cornyn and Nevada Democrat Catherine Cortez Masto.

    That measure would target outbound investment in China and authorise sanctions. Among other provisions, it would prohibit US investment in certain AI models, hypersonic missiles, advanced semiconductors, quantum computers and military products.

    Read Also: WeWork India shares set to make stock market debut after tepid response to ₹3,000 crore IPO



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    People Are Letting AI Agents Manage Their Stock Portfolios Now

    September 11, 2026

    Starlight Investments closes £680m UK BTR fund

    September 10, 2026

    Justin Onuekwusi appointed CEO, investments of St. James’s Place

    September 8, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    September 15, 2026

    U.S. Treasury Auctions 20-Year Bonds at Highest Yield Since 1986

    September 15, 2026

    Solana Price Prediction as Crypto ETFs Attracted +$1.3B Inflows Last Week

    September 15, 2026

    Spot BTC, ETH, and SOL ETFs see record inflows amid macro pressures

    September 15, 2026
    Don't Miss
    Mutual Funds

    Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    September 15, 2026

    If you want exposure to both large-cap and mid-cap stocks, should you invest in a…

    Why mutual fund investors often earn less than the fund’s reported return

    September 15, 2026

    CI Global Asset Management Launches Global Small/Mid-Cap and International Growth Equity Mandates, Providing New Diversification Options for Mutual Fund and ETF Investors

    September 15, 2026

    Warren Buffett’s 1969 warning for mutual fund investors: What if your star fund manager quits? – Money News

    September 15, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Alitheia Capital et Goodwell Investments quittent Baobab Nigeria

    March 20, 2025

    Vijay Kedia on iPhone 17: Worth Rs 1 lakh today, just Rs 15,000 in 6 years — Mutual funds could be Rs 2 lakh – Money News

    September 20, 2025

    Spain to scrap ‘golden visas’ for foreign real estate investors

    April 8, 2024
    Our Picks

    Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    September 15, 2026

    Why mutual fund investors often earn less than the fund’s reported return

    September 15, 2026

    CI Global Asset Management Launches Global Small/Mid-Cap and International Growth Equity Mandates, Providing New Diversification Options for Mutual Fund and ETF Investors

    September 15, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.