Products containing cannabidiol oil, an essential part of marijuana, can be found on China’s three major e-commerce marketplaces, even though consumption of marijuana is illegal in the country. Search results for cannabidiol oil, commonly known as CBD oil, on Alibaba Group’s Taobao, JD.com and Pinduoduo show multiple sellers offering “US-imported” or “authentic imported” cannabidiol oil, claiming their products can help […]
Category: Health Care
Western pharmaceutical companies have agreed to slash the prices of dozens of drugs in China, as the industry tries to strengthen its foothold in the world’s second-largest drug market, reported the Financial Times. Anglo-Swedish drugmaker AstraZeneca, Gilead of the US, France’s Sanofi and Switzerland’s Roche are among the multinationals that have agreed with Beijing to […]
China has hit back at US President Donald Trump’s accusations that it is the main source of fentanyl that has killed large numbers of Americans, saying that it has done its best to curb the trafficking of the substance, reported the South China Morning Post. In Beijing on Tuesday, Liu Yuejin, vice-commissioner of the Ministry […]
Billionaire Jack Ma’s Ant Financial is trying to reimagine health insurance, with its health company Xiang Hu Bao, attracting 50 million people since its October inception, said the South China Morning Post. Xiang Hu Bao, which means mutual protection, operates somewhat like a collective, in which members contribute evenly to payouts of as much as […]
China has prohibited all fentanyl substances for non-medical use in a move long sought by the US, as the two sides seek common ground in the on-going trade dispute, said the Financial Times. Abuse of fentanyl and similar drugs has spread in the US, as people addicted to prescription opioids turned to illicit drugs. Addressing […]