China holds all the cards in global pharmaceuticals despite India’s bid to reshuffle the deck

China holds all the cards in global pharmaceuticals despite India’s bid to reshuffle the deck

The US and China may have called a truce on trade, but Beijing has other levers to pull should febrile relations deteriorate again. That’s a potential supply-chain chokepoint that Washington has overlooked: its strategic rival’s tight grip on the raw materials needed to make an array of medicines. The urgency of tackling pharmaceutical supplies lies…

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