In the News: PVH Investigated Over Quitting Xinjiang; Chinese WuXi Seeks Buyers For US Business; Draft Law to Protect Private Sector

Calvin Klein parent PVH investigated by Chinese government after pulling out of Xinjiang; Chinese biotech firms targeted by U.S. BIOSECURE Act seek to sell U.S. subsidiaries; and China promises to protect private business while maintaining the existing economic order is still important.