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Warning underscores differences that continue to hamper Sino-US ties despite greater bilateral efforts at comity since Xi-Biden summit.
The requirement, which will be active as of Tuesday, follows recommendations made by the European Union earlier this week, which were already adopted by a range of countries including neighbouring Belgium and Germany. U.S. FDA approves Eisai, Biogen Alzheimer's drug The U.S. Food and Drug Administration on Friday approved the Alzheimer's drug lecanemab developed by Eisai Co Ltd and Biogen Inc for patients in the earliest stages of the mind-wasting disease.
Regulators from China and the United States signed a cooperative supervision agreement on Friday, taking a substantial step toward resolving the auditing dispute surrounding US-listed Chinese companies, officials and experts said.
Although US-listed Chinese companies have rallied amid positive first-quarter results, investors should prepare for uncertainties as the US market regulator is further tightening its grip on such companies, industry experts and insiders said on Monday.
The stock market saw no big splash this week after the US securities regulator continued to pile more pressure on US-listed Chinese companies.