#China #biotech - The internet search giant is in discussions with investors to raise up to $2 billion over three years for a new biotech firm. The biotech company will try to use artificial intelligence to develop drugs and make early-stage diagnoses of diseases such as cancer. (CNBC)
#China #US #Huaweiban - From September 15th the Chinese telecoms giant will no longer be able to buy vital semiconductors. American semiconductor companies, for which Huawei has been a lucrative customer, have implored their government to extend the deadline, as have their industry bodies. A full reprieve looks unlikely. (The Economist - subscription)
#China #Israel #US #tradewar - Top Israeli experts at the Israeli Go Global forum warned startups about the risks raised by the US-China trade war. The conference dealt with the fallout from the trade war between the US and China on Israel’s high-tech sector. (Globes)