US House Passes Bill to Blacklist Some China Biotech Firms

Chinese companies find themselves under bipartisan scrutiny
Lawmaker, lobbyists failed in last-ditch battle against bill

WATCH: The US House has passed legislation that would blacklist Chinese biotech companies and their American subsidiaries. Derek Wallbank reports.Source: Bloomberg

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By Steven T. Dennis

September 9, 2024 at 8:10 PM UTC

Updated on

September 10, 2024 at 8:29 AM UTC

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China hawks in the US House overcame a last-ditch lobbying effort and passed legislation Monday night that would blacklist Chinese biotech companies and their US subsidiaries.