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A nurse prepares a dose of the AstraZeneca vaccine against COVID-19 at a vaccination center inoculating the third dose in people over 50 years old set up at the Sport City, in Mexico City, on January 18, 2022. (Photo by PEDRO PARDO / AFP)

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AstraZeneca mulls spinning off China activities: FT

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LONDON, United Kingdom, June 19 – Anglo-Swedish drugmaker AstraZeneca could spin off its Chinese division and list it in Hong Kong to minimise China-related risks, the Financial Times reported on Monday.

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The company started discussions several months ago, the business daily said citing people familiar with the talks.

AstraZeneca declined to comment.

According to the FT, the drugmaker was seeking to diminish the risk of any potential Chinese crackdown on foreign companies.

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