Merck Takes a Second Jab at China

The activity of brands in China lately is something akin to the California Gold Rush of the 1840s and 1850s. It seems like every major brand is scrambling to get a piece of the world's most robust economy.

China's consumer population is a tantalizing market for virtually every industry. China is already challenging America's Silicon Valley for technology supremacy. Fashion and luxury brands are flocking to the country, revving up operations and opening new stores.

In just the past few weeks, we've reported on Apple, Burberry, GM, Hermes, and Pabst beer making new inroads into mainland China.

Add drug companies to that list. Merck is forming a joint venture to market its vaccines in China.Continue reading...