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EU Firms' China Sentiment Plummets, China Go-Global Push Hits Reality Check

 
• By Brian Yang

China's deepening economic downturn is impacting foreign business confidence in China, while recent high-profile events have created uncertainties around the go-global push by Chinese pharma firms, at a time when this has become critical to their very survival.

China risks increase as politics trump over economic growth
China economic downturn deepens, go-global ambitions hit by harsh reality check • Source: Shutterstock

The EU Chamber of Commerce in China's (EUCCC) 2024 Business Confidence Survey shows that over 50% of respondents are considering cutting costs, and only 42% are expanding their investment in China - the lowest level on record in the survey.

For health players such as pharma and medical device companies, the biggest challenges lie in what are seen as restrictive...

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Battle For Obesity Market Shifts Gears in India: Will Wegovy Trump Mounjaro?

 
• By Anju Ghangurde

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