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Title : Top Economist In Beijing Says China Could Weaponise Drug Exports To Retaliate Against US Chip Restrictions
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Top Economist In Beijing Says China Could Weaponise Drug Exports To Retaliate Against US Chip Restrictions

Chinese economist Li Daokui said Beijing could limit American access to medicines if it was starved further of semiconductors. Photo: David Wong

SCMP: China could weaponise drug exports to retaliate against US chip restrictions, Beijing adviser says

* High-profile economist Li Daokui says Beijing could restrict drug exports to the US if the Trump administration was to cut China’s access to semiconductors
* Washington has been ratcheting up attacks on Chinese tech firms, including starving Huawei of components made by American companies

China should weaponise its exports of medicines and drug precursors if the US cuts the country’s access to computer chips, a prominent Chinese academic and government adviser says, as supply chain security emerges as a key theme in the upcoming American presidential election.

The United States is heavily reliant on imported medicines from China, something both US President Donald Trump and Democratic nominee Joe Biden have vowed to address after the coronavirus pandemic exposed vulnerabilities in the nation’s pharmaceutical and medical device supply.

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WNU Editor: This is why I always keep a 6 - 9  month supply of vitamins and supplements, and  why the US and other countries should decouple themselves away from China even if it means higher prices for products produced at home.

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