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Deep & Emerging Tech·October 22, 2026·1 min read

US Proposes Curbs on Investment in Chinese Biotech Firms

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Biotech is getting pulled into the same capital-controls regime as semis—US restrictions on investing in Chinese firms will reshape who funds which parts of the drug pipeline. If your roadmap depends on China-based discovery, CROs, or JV structures, you need a parallel plan for capital and IP flows.