For nearly eighteen (18) months, the American Voter and the world has heard now President Trump speak or twitter about America First. President Trump and other in the administrations had news release on Chinese Nationalist companies investment in American Companies including holders of the millions of dollars. Rumors of pending trade wars with china. Well, hold that trought. today while surfing, I came across segment from Bloomberg ASIA “Beijing Automotive Organization’ or BEO for short. One of the Major Policy makers in China was being interviewed.
Another part of these change in policies are affecting not only Automotive Manufacturing, but Drug Manufacturing including fast tracking Food & Drug Administration (FDA). Recently, FDA approved the following the Drug :
Company: Mitsubishi Tanabe Pharma
Date of Approval: May 5, 2017
Treatment for: Amyotrophic Lateral Sclerosis
Radicava (edaravone) is a free radical scavenger that relieves the effects of oxidative stress, a likely factor in the onset and progression of amyotrophic lateral sclerosis.
- FDA Approves Radicava (edaravone) to Treat Amyotrophic Lateral Sclerosis (ALS) – May 5, 2017
- FDA Accepts Mitsubishi Tanabe Pharma’s NDA Filing for Edaravone to Treat ALS – August 30, 2016
- Mitsubishi Tanabe Pharma Submits New Drug Application for Edaravone to Treat ALS in the United States – June 22, 2016
Again, this has an upside, it helps patients; Question are becoming louder and frequently the Trump Families Business Ties in International Business, and changes proposed in the Republican Controlled Capital. It is said, his policies will affect all of us in North/ South America; where one will admit to these trues; that is another story within itself.
China Policies on it Automotive industries will change, whereas Foreign companies not just American Multinationals will be allowed to joint venture Partnerships 50/50%(PPL) including IPOs as well. It has been rumored and now in a roundabout way, Fiat Chrysler many close soon, and will be announced. When asked in the Segment interview with Bloomberg ASIA, the Chinese official suddenly filled with joy and one big smile. He also expanded on the Smart car, Electric cars including Automotive Artificial Intelligence integration. Yes this has helped companies like Tesla Powers, and others in the renewable sectors; it also sounds a clear message that American policies in advancement may leave us behind.
Indiana Governor Eric Holcomb, and other governors in the United States are continuing their state’s resources not only in infrastructures, but including Students Policies, Educational Institutions, and Startup environments. ADM investment in Carbon Capture, Schneider Electric, Allied Control, Tesla, GE, and others designing Solar Panel Micro Grids, yet without Public policies, and Washington, DC support, America’s advancement may suffer stifling.
Check out the segment below. I and other will follow these issues closely in upcoming articles and blogs . (c) Published Date May 8,2018 –Author R Brown
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Bloomberg Asia Report Aired May 8,2017