• Out of 124 company leaders, just over half, or 54.8%, said they are “more optimistic” and 8.1% are “much more optimistic” about doing business in China following President-elect Joe Biden’s win, according to a survey by the American Chamber of Commerce in Shanghai released Friday.
  
• “The Biden administration would be a positive to the stability of the environment, the stability of the relationship,” Ker Gibbs, president of AmCham Shanghai, told CNBC in a phone interview.
  
• However, uncertainty remains as only 13.7% of respondents plan to increase investment in China, with the majority sitting tight or undecided on their local development plans.
  

(CNN)Georgia has finished its statewide audit of the razor-thin presidential race, confirming that President-elect Joe Biden defeated President Donald Trump, according to a news release from the Secretary of State's office.

Biden beat Trump by 12,284 votes, according to the final results from the audit. This is a slight drop for Biden compared to the pre-audit results.

Officials have said repeatedly that the audit confirmed there was no widespread fraud or irregularities in the election.


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• Two Covid-19 vaccines have been found to be highly effective in late-stage trials in recent days, boosting optimism at a time when health systems in Europe and the U.S. are once again being pushed to breaking point.
  
• Huge challenges remain before a vaccine can be rolled out, however.
  
• The global battle to secure prospective supplies has raised alarm about equitable access, while questions remain over logistics, distribution, and, perhaps most significantly, cost.
  

KUALA LUMPUR: Barisan Nasional MP Shahidan Kassim today told former prime minister Najib Razak that anyone who rejects the 2021 Supply Bill covering next year’s budget is a “traitor”.

“Anyone who objects to the budget, including my friend Pekan (Pekan MP Najib), is a traitor to the rakyat as the people are waiting for it to be approved,” Shahidan (BN-Arau) said during the debate on the bill at the Dewan Rakyat today.

He said those who had lost jobs are waiting for the budget to be approved so they will get assistance.

“If we reject the budget, we are being unfair to them,” he added.


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PETALING JAYA: Amanah leader Khalid Samad said there are no rifts among members of the party, as all Amanah MPs have signed a statutory declaration (SD) in support of Anwar Ibrahim as prime minister.

The Amanah communications director was responding to a FMT report saying there was growing tension in the party between those supporting Dr Mahathir Mohamad and those who back Anwar to lead the country.

A party insider had told FMT that Amanah’s grassroots were torn at times between their leaders who have different preferences for a national leader.

“The report that Amanah is divided is not accurate and should be corrected,” Khalid said at a press conference at the Dewan Rakyat today.


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A Covid-19 vaccine developed in China has shown success in mid-stage trials, researchers say.

There are several vaccines being developed in China, some of which are already being administered.

According to the researchers, the Sinovac Biotech vaccine led to a quick immune response during trials with around 700 people.

The announcement comes after European and US vaccines reported successful data from large late-stage trials.

Three vaccines, developed in the US, Germany and Russia, have all released data suggesting efficiency of more than 90%, after trials with tens of thousands of people.

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