Hong Kong has the highest life expectancy in the world thanks to its advanced healthcare services, and the city expects a more ageing population similar to many developed economies in the coming years. The number of elderly people aged 65 or above is projected to increase from 20% of the total population in 2021 to 32% in 2041.
CBP determined on 28 March that certain Norwegian-origin omega-3-acid ethyl esters do not undergo a substantial transformation in mainland China when combined with certain inactive ingredients and encapsulated into dosage form and are therefore a product of Norway and are not subject to any Section 301 tariffs.
The two lawmakers at the helm of the influential House Select Committee on the Strategic Competition Between the U.S. and the Chinese Communist Party are calling for enhanced scrutiny of mainland Chinese biotech companies.