Beijing’s mayor has urged AstraZeneca to increase its research investment in the city as a probe into some of the company’s executives continues. The appeal came during a virtual meeting between CEO Pascal Soriot and Mayor Yin Yong, according to the Communist Party-backed Beijing Daily. The move suggests that business ties with the UK drugmaker may remain unaffected despite the investigation.
Source: https://www.bloomberg.com/news/articles/2024-12-20/beijing-woos-astrazeneca-for-investment-while-probe-continues?srnd=homepage-uk