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Draft COINS rules could threaten broad China collaborations

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Draft COINS rules could threaten broad China collaborations

Treasury Secretary Scott Bessent at the UN headquarters on Sept. 22, 2026 (Julia Demaree Nikhinson/AP Images)

Trea­sury's COINS rule draft would nar­row the path for Chi­na biotech deal­mak­ing, ex­perts say

The re­lease of draft reg­u­la­tions from the Trea­sury De­part­ment has spurred an in­tense de­bate over the fu­ture of Chi­na biotech deals, which could be sharply …

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