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China released its 2026 national reimbursement drug list (NRDL) and a parallel commercial health insurance innovative drug list, adding 107 medicines to the NRDL, including a record 51 Category I new drugs covering oncology, rare diseases, chronic an

2026-11-14

China released its 2026 national reimbursement drug list (NRDL) and a parallel commercial health insurance innovative drug list, adding 107 medicines to the NRDL, including a record 51 Category I new drugs covering oncology, rare diseases, chronic and psychiatric indications. The NRDL now totals 3,331 products (1,935 Western drugs; 1,396 traditional Chinese medicines) and takes effect Jan. 1, 2027. The commercial list added 12 drugs — including the world’s first solid‑tumor CAR‑T and China’s first hemophilia gene therapy — bringing that list to 28.

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2026-11-14

On Nov. 13, China and the United States held the first Trade Council meeting under the China‑U.S. Economic and Trade Consultations mechanism via videoconference. Officials said they discussed implementing prior negotiation outcomes, focusing on tarif

On Nov. 13, China and the United States held the first Trade Council meeting under the China‑U.S. Economic and Trade Consultations mechanism via videoconference. Officials said they discussed implementing prior negotiation outcomes, focusing on tariffs, reciprocal tariff reductions on 300 billion vs 300 billion, agricultural trade and other mutually held concerns. Both sides reported candid, substantive and constructive exchanges and said the Trade Council will continue to coordinate to resolve trade issues, expand a cooperation list and narrow a problems list to help build a constructive, stable China‑U.S. strategic relationship based on respect, fairness and reciprocity.
2026-11-14

Federal Reserve's Daly: The core issue we face is inflation.

Federal Reserve's Daly: The core issue we face is inflation.
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