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China's recent decision to slash import duties on Indian pharmaceutical products from 30% to 0% is a significant boost for the Indian pharma sector. This opens up easier access to China's massive market, allowing Indian drugmakers to export without customs duties, which could…
🚨🚨 Breaking: China's pharma industry is skyrocketing! Now ranked #2 globally in new drug development, with over 20% of worldwide research pipelines. From cancer breakthroughs to biotech licensing deals reshaping the US market—China's leading the charge! 💊🇨🇳 What’s next?…
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*Big news for Indian pharma 💊*
👉 China has cut import duty from 30% to 0%
👉 At the same time, US President Trump has put a 100% tariff on pharma imports
This means:
Indian pharma exports to China = cheaper ✅
Indian pharma exports to US = costlier ❌
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