China's pharma rise: why global drugmakers are buying in

CGTN CGTN — 1min

China is becoming a major force in global drug innovation.

In the first half of 2026, Chinese companies secured eight of the world's ten largest pharmaceutical out-licensing deals, worth a record $110 billion.

It is happening despite growing US scrutiny over Chinese clinical data.

Why is global drugmakers betting big on China?

And where do cutting-edge AI and traditional medicine fit into the global race to treat disease?

CGTN's Huang Fei explains.

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