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China sanctions Wilbur Ross, others in response to U.S. warnings on Hong Kong


POLITICO
The Biden administration has warned American companies about doing business in Hong Kong.
Wilbur Ross, who served as the Secretary of Commerce under former President Donald Trump, is one of seven people and entities sanctioned by the Chinese government. | AP Photo/Patrick Semansky
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China imposed sanctions on former Commerce Secretary Wilbur Ross and six others on Friday, in response to recent U.S. actions over Chinese threats to Hong Kong s autonomy.
Last week, the Biden administration warned American companies against doing business in Hong Kong, maintaining that China’s imposition of a national security law in June 2020 “significantly reduced Hong Kong’s autonomy.” ....

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China Imposes Tit-for-Tat Sanctions on US Officials Over Warning About Hong Kong Business Conditions


(Photo : Win McNamee/Getty Images)
NOAA Presents The 2019 Atlantic Hurricane Season Outlook
ARLINGTON, VIRGINIA - MAY 23: U.S. Secretary of Commerce Wilbur Ross waits to speak at the National Oceanic and Atmospheric Administration s 2019 Hurricane Season Outlook press conference May 23, 2019 in Arlington, Virginia. NOAA forecasters predicted between nine and 15 named storms are expected this season with four to eight of those becoming hurricanes. Two to four of the hurricanes could reach major status, meaning a Category 3 storm or higher.
In retaliation for US sanctions against Chinese officials in Hong Kong, China slapped sanctions on former Commerce Secretary Wilbur Ross and six other persons and companies on Friday. ....

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COVID Vaccine Patents: Waiving IP Protection Will Destroy Innovative Industry


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President Joe Biden speaks following a tour of a Pfizer manufacturing plant producing the coronavirus vaccine in Kalamazoo, Mich., February 19, 2021.
(Tom Brenner
/Reuters)
Waiving IP protections for vaccines will destroy the innovative industry that made the pandemic-ending vaccines possible.
The Biden administration has apparently learned the wrong lessons from the COVID-19 pandemic. In a recent statement, U.S. Trade Representative Katherine Tai announced the “Biden-Harris Administration’s” support for waiving intellectual-property protections for COVID-19 vaccines a move that will destroy the innovative industry that made the pandemic-ending vaccines possible.
It is hard to overstate the pharmaceutical industry’s accomplishments of the past year. It normally takes ten years and billions of dollars to develop vaccines for new diseases caused by novel viruses. Yet only ten months after SARS-CoV-2 ....

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