‘Major breakthroughs’: Chinese biotech firms plan global expansions
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Strong manufacturing base a driving force behind overseas expansion, but industry leaders and analysts say hurdles remain.

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. Chinese biotech companies are expected to make major international advances over the next decade, industry leaders said, but cautioned that weak patent…

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