Would the US Help Chinese Drugmakers?

Silicon Valley Bank’s collapse is rippling into China. Thousands of Chinese companies are listed among the bank’s clients—with over $240 million in assets on the line—and 57 are on a special list belonging to the Chinese Communist Party. Those same companies fall under the “foreign depositors” category that the United States is set to protect. Sen. Marco Rubio (R-Fla.) penned a letter to Treasury Secretary Janet Yellen, expressing concern over handouts to the Chinese regime. Estimates say the bank had nearly $14 billion of uninsured foreign deposits.

Topics in this episode:

1. SVB Collapse: Would the U.S. Help Chinese Drug Makers?
2. Witness: Chinese Police Trade Executed Prisoners’ Organs
3. Wh: Chinese TikTok Owners Must Divest or App Will Face Ban in U.S.
4. U.S. Approves Missiles Sales to Australia
5. Japan, S. Korea Work to Soften Historic Rivalry
6. U.S. Welcomes Ice-Breaker Between Japan, S. Korea
7. U.S. Runs First Maritime Drills With West Africa Top Priority: Illegal Fishing by China
8. U.S. Nuclear Deterrence Against Two Fronts: Fisher