US President Joe Biden speaks to reporters at Andrews Air Force Base in Maryland on September 12. Photo: AFP
US President Joe Biden speaks to reporters at Andrews Air Force Base in Maryland on September 12. Photo: AFP

Chinese biopharma stocks slump after Biden targets sector with executive order, opens new front in tensions with Beijing

  • US should not ‘artificially’ hamper global technology communication and trade, Chinese foreign ministry says
  • Executive order ‘a sign of an all-out confrontation between China and the US’: Shanghai analyst

US President Joe Biden speaks to reporters at Andrews Air Force Base in Maryland on September 12. Photo: AFP
US President Joe Biden speaks to reporters at Andrews Air Force Base in Maryland on September 12. Photo: AFP
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