ABSTRACT
China and India have demographic similarities and differences. They are the two largest populations on earth, comprising 40% of the world’s total population, and are aggressively being propelled from third-world countries to economic rivals of the United States and the European Union. China and India are both very active in pharmaceuticals and the production of pharmaceutical actives, intermediates, and raw materials. Both have young, highly educated workforces that are driven by entrepreneurial zeal. Both represent consumer markets of enormous size, yet their manufacturing and research and development (R&D) sectors are underdeveloped relative to the projected market demand for pharmaceutical products internally. Wages in China and India, especially for those with technical and college educations, are growing at breakneck speed. Potential in both countries is currently limited by a shortage of experienced, trained, and skilled professionals in technical,
accounting, and business management fields. Both India and China are benefiting enormously from U.S. and European expatriates returning to their home countries.
