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Thursday, May 01, 2014 5:16:31 PM
http://www.fool.com/investing/general/2013/07/10/chinas-coming-big-pharma-boom.aspx
"The potential of China's pharmaceutical market is hardly a surprise. A report from China's Social Science Academic Press last year estimated that total Chinese pharmaceutical sales will exceed $350 billion by the year 2020. Already, China's the third largest market behind the U.S. and Japan and is expected to surpass its Asian neighbor for the No. 2 spot by 2015."
"Demographics play a big hand in why China's so valuable to big pharma firms. The country's population is aging quickly due to Beijing's one-child law, creating a sizable elderly class to come in future decades that will rely more on pharmaceuticals."
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