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Lawmakers Alarmed by China’s Rising Pharma Power

3/19/2026

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Story summary
  • On March 18, 2026, lawmakers raised concerns about China's dominance in pharmaceuticals.
  • Florida Republican Neal Dunn (R-Fla.) accused China of a strategic effort to control the pharmaceutical supply chain.
  • John Moolenaar (R-MI), chair of the House Select Committee on China, warned that China is cornering essential medicines and biotech.
  • Projections show China's pharmaceutical revenue could rise 50 percent by 2030, to $2.1 trillion.