Pharma Hopes Rise As US Commerce Secretary Visits China

Some US Firms Grow But Challenges Remain

US Secretary of Commerce Gina Raimondo has made the first official visit to China by a US commerce official in three years, paving the way to possible improvements in bilateral relations. Despite ongoing geopolitical tensions as a major concern for US firms in China, some are returning to growth in the country. 

Flags of China and USA fly against blue sky
US Commerce Secretary visits Beijing, Shanghai to improve ties, some US pharma firms return to China growth • Source: Shutterstock

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