药明康德被五角大楼拉黑后又除名：一家中国药企如何打赢华盛顿｜
字幕摘录
| 时间 | 英文 | 中文 |
|---|---|---|
| 0:00 | Imagine waking up one morning to a total nightmare. | 想象一下,有一天早上醒来 做噩梦 |
| 0:03 | Oh, wow, that sounds bad. | 哦,哇,这听起来很糟糕。 |
| 0:05 | All right, your company is suddenly | 好吧,你的公司突然间 |
| 0:06 | banned from doing business with the biggest buyer | 禁止与最大买方做生意 |
| 0:09 | on the planet, I mean, the United States military. | 在地球上,我是说,美国军方。 |
| 0:12 | That is definitely a nightmare. | 这绝对是一场噩梦。 |
| 0:13 | Exactly, your investors panic, your partners stop calling. | 没错,你的投资者恐慌了,你的合伙人停止打电话。 |
| 0:17 | Today, we are looking at a company | 今天,我们正在寻找一个公司 |
| 0:18 | that actually fought back. | 那其实是反击。 |
| 0:20 | Right, and they won. | 是的,他们赢了。 |
展开字幕全文（166 条）
| 序号 | 英文 | 中文 |
|---|---|---|
| 1 | Imagine waking up one morning to a total nightmare. | 想象一下,有一天早上醒来 做噩梦 |
| 2 | Oh, wow, that sounds bad. | 哦,哇,这听起来很糟糕。 |
| 3 | All right, your company is suddenly | 好吧,你的公司突然间 |
| 4 | banned from doing business with the biggest buyer | 禁止与最大买方做生意 |
| 5 | on the planet, I mean, the United States military. | 在地球上,我是说,美国军方。 |
| 6 | That is definitely a nightmare. | 这绝对是一场噩梦。 |
| 7 | Exactly, your investors panic, your partners stop calling. | 没错,你的投资者恐慌了,你的合伙人停止打电话。 |
| 8 | Today, we are looking at a company | 今天,我们正在寻找一个公司 |
| 9 | that actually fought back. | 那其实是反击。 |
| 10 | Right, and they won. | 是的,他们赢了。 |
| 11 | OK, let's unpack this. | 好吧,让我们打包这个。 |
| 12 | Welcome to your new deep dive into today's sources. | 欢迎来到你的新深潜 进入今天的来源。 |
| 13 | We are focusing on a major Chinese biotech company. | 我们的焦点是一家大型中国生物技术公司。 |
| 14 | They are called Wuxi Aptek. | 他们被称为武西阿佩特克. |
| 15 | Yes, and they just got off a US military blacklist. | 是的,他们刚从美国军方黑名单中除名 |
| 16 | Which is a huge deal. | 这是个大交易 |
| 17 | I mean, getting off the list is a massive win, | 我是说,从名单中脱身是一个巨大的胜利, |
| 18 | and the stock market loved it. | 和股市喜欢它。 |
| 19 | Oh, they absolutely did. | 哦,他们绝对做到了。 |
| 20 | The US Deputy Secretary of Defense made the call. | 美国国防部副部长打电话了 |
| 21 | They removed the company from the Chinese military companies | 他们把公司从中国的军队中撤走 |
| 22 | list that was published on Tuesday. | 列表于星期二发布。 |
| 23 | And the stock market jumped right away. | 而股市也立刻跳跃. |
| 24 | Yeah, in Hong Kong, they opened over 6% higher. | 是啊,在香港,他们打开了超过6%的。 |
| 25 | Which is huge. | 这是巨大的。 |
| 26 | But you know, they ended the day just 1.2, 1% higher. | 但你知道,他们结束的一天 只是1.2,1%。 |
| 27 | Right, and in Shanghai, shares rose 1.8% early on. | 对,在上海,股价提前上涨1.8%. |
| 28 | But they actually closed flat. | 但他们实际上关闭平房。 |
| 29 | Exactly. | 没错 |
| 30 | It is kind of like a massive sigh of relief. | 这就像一股巨大的解脱之声 |
| 31 | You know, like if a dark storm cloud just leaves, | 你知道,就像如果一个黑暗的风暴云 刚刚离开, |
| 32 | people feel safe again and cheer. | 人们再次感到安全并欢呼。 |
| 33 | That is a good way to put it. | 说得好 |
| 34 | But well, investors also hate uncertainty. | 但是,投资者也讨厌不确定性。 |
| 35 | Right, so they calmed down quickly. | 对,所以他们很快就冷静下来了 |
| 36 | Why did the stock jump so much in the first place? | 为什么股票会跳这么高? |
| 37 | Well, we must understand why the list is bad for business. | 我们必须明白为什么名单对生意不利 |
| 38 | Right. | 对 |
| 39 | Basically, it blocks companies from US government money. | 基本上,它阻碍公司 与美国政府的钱。 |
| 40 | Getting off the list opens doors again. | 离开名单又打开了门。 |
| 41 | The Department of Defense added Wuxi App Tech in June, right? | 国防部在6月增加了武西App技术 对吧? |
| 42 | Yes, on what they call the Section 1260H list. | 是的,在他们所谓的1260H清单。 |
| 43 | Let's explain that in plain English. | 我们用简单的英语来解释吧 |
| 44 | What is the Section 1260H list? | 第1260H节列出什么? |
| 45 | Well, it stops companies from getting US government contracts. | 这阻止了公司获得美国政府的合同 |
| 46 | I see. | 原来如此 |
| 47 | It also brings more rules. | 这也带来了更多的规则。 |
| 48 | And you know, it scares away investors. | 你知道,它吓跑了投资者。 |
| 49 | What's fascinating here is what John Young thinks. | 这里令人着迷的是约翰·杨的想法. |
| 50 | He is from Citi. | 他来自花旗。 |
| 51 | What does he say? | 他说什么? |
| 52 | He says the removal is quote, significantly positive. | 他说删除是引文 相当肯定 |
| 53 | It means Wuxi App Tech can work on US government funded projects again. | 这意味着Wuxi App Tech可以再次在美国政府资助的项目上工作. |
| 54 | So being on this list is like being banned from the biggest store in town. | 所以,在这个名单上,就像被禁止 在镇上最大的商店。 |
| 55 | Exactly. | 没错 |
| 56 | It hurts the business deeply. | 令业深痛. |
| 57 | How did the company get off this list? | 公司是怎样从这个名单上出来的? |
| 58 | I mean, they did not just wait around. | 我的意思是,他们不只是等待。 |
| 59 | No, they went to court. | 不,他们上法庭了。 |
| 60 | They fought the US government in court. | 他们在法庭上与美国政府作战. |
| 61 | And they won an early victory. | 他们赢得了早期的胜利。 |
| 62 | They called the choice wrong. | 他们称选择是错误的。 |
| 63 | They filed a lawsuit in June. | 他们在6月提起诉讼。 |
| 64 | And by August, they won a preliminary injunction. | 而到了8月,他们赢得了初步禁令. |
| 65 | This was from a US district court. | 这是美国地区法院的 |
| 66 | Right. | 对 |
| 67 | Let's explain what a preliminary injunction is simply. | 让我们来解释一下初步禁令是什么 |
| 68 | Yeah, what does that actually mean? | 这到底是什么意思? |
| 69 | It is just an early order from a judge. | 这只是法官的早期命令 |
| 70 | It stops an action while a trial happens. | 它停止了行动 而审判发生。 |
| 71 | OK, so it basically hits the pause button. | 好吧,所以它基本上点击暂停按钮。 |
| 72 | Exactly. | 没错 |
| 73 | Chief Judge James Boasberg stopped the Pentagon. | 首席法官詹姆斯·博斯伯格阻止了五角大楼. |
| 74 | Wow. | 珃 |
| 75 | He said the Pentagon's reasons did not match the facts. | 他说五角大楼的理由与事实不符. |
| 76 | He actually called the choice arbitrary and capricious. | 他实际上称这个选择是任意的和反复无常的. |
| 77 | Right. | 对 |
| 78 | That is a big legal term. | 这是一个很大的法律术语。 |
| 79 | Let's explain it simply. | 让我们简单解释一下 |
| 80 | Please do. | 请吧 |
| 81 | It means making a choice without a good reason | 意思是做一个没有正当理由的选择 |
| 82 | or without fair rules. | 或者没有公平的规则。 |
| 83 | So the judge basically said the Pentagon was being unfair. | 所以法官基本上说五角大楼不公平。 |
| 84 | Yes. | 对 |
| 85 | The Pentagon did not change its mind freely here. | 五角大楼没有在这里自由改变主意。 |
| 86 | They only removed the company to follow the judge's order. | 他们只为了听从法官的命令而撤走公司. |
| 87 | Here's where it gets really interesting. | 这是真正有趣的。 |
| 88 | This story is not just about one biotech company, is it? | 这个故事不只是关于 一个生物技术公司,是吗? |
| 89 | No. | 没有 |
| 90 | It shows a bigger pattern for Chinese businesses. | 显示了中国企业的较大格局. |
| 91 | More Chinese companies are challenging the Pentagon | 更多中国公司在挑战五角大楼 |
| 92 | in court. | 在法院。 |
| 93 | And many are winning, right? | 很多人都赢了,对吧? |
| 94 | Yes. | 对 |
| 95 | The US keeps adding Chinese companies | 美国不断增加中国公司 |
| 96 | to the Section 1260H list. | 第1260H节清单。 |
| 97 | Because the US says they have military ties. | 因为美国说他们有军事联系 |
| 98 | Right. | 对 |
| 99 | But now, these companies are fighting back. | 但是现在,这些公司正在反击。 |
| 100 | Like who? | 像谁? |
| 101 | Can you give some examples? | 你能举几个例子吗? |
| 102 | Sure. | 当然 |
| 103 | A chipmaker named Amek sued the Pentagon. | 一个叫Amek的芯片制造商起诉了五角大楼 |
| 104 | And they won? | 他们赢了? |
| 105 | Yes. | 对 |
| 106 | A tech company named Xiaomi also sued. | 一家名为小米的技术公司也被起诉. |
| 107 | Oh, the phone company. | 哦,电话公司。 |
| 108 | Right. | 对 |
| 109 | Both were removed from the list. | 两人都被从名单中删除。 |
| 110 | Wow. | 珃 |
| 111 | Are there others? | 还有其他人吗? |
| 112 | Yes. | 对 |
| 113 | Other big companies are still waiting in court. | 其他大公司仍在法院等待。 |
| 114 | This includes Changshan Memory Technologies. | 这包括常山记忆科技. |
| 115 | And Alibaba, right? | 还有阿里巴巴,对吧? |
| 116 | Yes. | 对 |
| 117 | And Alibaba. | 还有阿里巴巴 |
| 118 | And we should note something important about Alibaba. | 我们应该注意到阿里巴巴很重要的事情。 |
| 119 | What is that? | 这是什么? |
| 120 | Well, Alibaba owns the South China Morning Post. | 阿里巴巴拥有"南华早报". |
| 121 | And the Post is the actual source of this news today. | 而"邮报"是今天这个新闻的实际来源. |
| 122 | Exactly. | 没错 |
| 123 | If we connect this to the bigger picture, | 如果我们把这个和大局联系起来 |
| 124 | we see a new business strategy. | 我们看到了一个新的商业策略。 |
| 125 | Companies see that US courts will check the Pentagon's work. | 公司看到美国法院会检查五角大楼的工作 |
| 126 | So they are using the courts to fight the government. | 他们利用法庭对抗政府。 |
| 127 | Yes. | 对 |
| 128 | It is a very clear trend now. | 现在的趋势非常明显。 |
| 129 | So the company won this battle. | 因此公司赢得了这场战斗. |
| 130 | But is the story finished? | 但故事已经完成了吗? |
| 131 | Well, the court case is not fully closed. | 好吧,法院的案件没有完全结案。 |
| 132 | The risk is still there. | 风险仍然存在。 |
| 133 | I saw a note from Jalan Zhang from Namura. | 见南浦贾兰章一纸条. |
| 134 | Right. | 对 |
| 135 | Zhang says this news helps investor feelings today. | 张说这个消息今天有助于投资者的感受. |
| 136 | It is a good geopolitical event. | 这是一个很好的地缘政治事件。 |
| 137 | But Zhang warns this is not a final end to the lawsuit. | 但张作霖警告说,这不是诉讼的最终结局. |
| 138 | Because it is just a preliminary injunction, a pause. | 因为它只是一个初步禁令,一个暂停。 |
| 139 | Exactly. | 没错 |
| 140 | The Pentagon could add the company back to the list later. | 五角大楼可以稍后将公司重新列入名单. |
| 141 | So what does this all mean? | 这是什么意思? |
| 142 | They won the battle, but the war is not over. | 他们赢得了这场战斗,但是战争还没有结束. |
| 143 | That is exactly right. | 没错 |
| 144 | The final trial is still coming. | 最后的审判还在进行中 |
| 145 | OK, let's do a quick review. | 好吧,让我们做一个快速的审查。 |
| 146 | We saw a blacklist today. | 我们今天看到了一个黑名单。 |
| 147 | And we saw a lawsuit. | 我们看到一个诉讼。 |
| 148 | We saw a huge victory for our company. | 我们看到我们公司取得了巨大的胜利。 |
| 149 | And we saw a trend of companies fighting back. | 我们看到了公司反击的趋势。 |
| 150 | Yes. | 对 |
| 151 | They are taking the military to court. | 他们要把军方告上法庭 |
| 152 | This raises an important question. | 这提出了一个重要问题。 |
| 153 | I'm listening. | 我听着呢 |
| 154 | If US courts keep stopping the Pentagon, what happens next? | 如果美国法院继续阻止五角大楼 那接下来怎么办? |
| 155 | Will the US government change how it makes these lists? | 美国政府会改变这些名单的制作方式吗? |
| 156 | Oh, that is a big thought. | 哦,这是一个很大的想法。 |
| 157 | Right, will they need to show their secret proof | 对,他们需要展示他们的秘密证据吗? |
| 158 | to the public? | 对公众? |
| 159 | Because right now, judges want to see actual facts. | 因为现在 法官们想要看到事实 |
| 160 | Exactly. | 没错 |
| 161 | It could change everything about how this works. | 它可以改变一切 关于如何运作。 |
| 162 | Well, that gives you something to think about. | 这让你思考一些事情 |
| 163 | Thank you for joining this deep dive today. | 谢谢你今天加入这次深潜 |
| 164 | It was great to unpack this with you. | 很高兴能和你们一起整理 |
| 165 | Keep exploring these ideas on your own. | 继续单独探索这些想法. |
| 166 | Have a wonderful day. | 祝你今天过得愉快 |
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