Friday, September 7, 2007

Strong Stomach? Chinese Pharma Could Be a Buy

clipped from

Everybody knows China’s pharmaceutical system is a mess. The country’s former top drug regulator was recently executed for corruption, and the government’s promising an overhaul.

Naturally, the U.S.-traded stocks of a bunch of Chinese drug companies are way down. But there may be more upside than investors realize, according to a story from the WSJ.

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