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China holds all the cards in global pharmaceuticals despite India’s bid to reshuffle the deck
The Economic Times· 2025-11-26 02:28
The urgency of tackling pharmaceutical supplies lies at the heart of the Also Read: Trump delivers another bitter tariff pill. Who’s set to bite the dust?It wasn’t the first time the body has brought up the issue. However, the speed with which the US essentially folded after Beijing expanded export controls on crucial The US and other countries rely heavily on China to make the foundational ingredients for their medicines. Because of its enormous and commoditized industry, which began in the 1950s, China p ...