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Misperceptions clash with the reality

China Daily | Updated: 2013-03-30 08:10

Multinational companies' misperceptions about China's consumer healthcare market:

1. This market is small.

Fact: The market is large and is continuing to grow rapidly. McKinsey forecasts that it will increase at an annual rate of 12 percent, representing a total market potential of $44 billion by 2017.

Misperceptions clash with the reality

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