FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Shao Sean   2. Issuer Name and Ticker or Trading Symbol China Biologic Products, Inc. [CBPO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) NO. 14 EAST HUSHAN ROAD, TAI'AN CITY 3. Date of Earliest Transaction (Month/Day/Year) 05/23/2011 (Street) SHANDONG, F4 271000 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/23/2011   S(1)   4,000 D $ 14.71 6,000 D   Common Stock 05/23/2011   S(1)   400 D $ 14.95 5,600 D   Common Stock 05/24/2011   S(1)   5,600 D $ 15.25 0 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualified Stock Option

$ 4

05/23/2011

M(1)

10,000

01/25/2009

07/24/2018

Common Stock

10,000

(2)

70,000 (2)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Shao Sean NO. 14 EAST HUSHAN ROAD TAI'AN CITY SHANDONG, F4 271000	X

Signatures

/s/ Sean Shao		05/25/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents the disposition of shares of the Issuer's common stock acquired by the Reporting Person on May 23, 2011, pursuant to his exercise of options to purchase 10,000 shares of the Issuer's common stock granted to the Reporting Person under the Issuer's equity incentive plan ("EIP") on July 24, 2008.
(2)	Includes previously reported stock options to purchase 40,000 shares of the Issuer's common stock, granted to the Reporting Person under the Issuer's EIP on July 11, 2010, which vests in equal portions on a quarterly basis over a 3-year period, with the first, second and third portions vested on October 11, 2010, January 11, 2011 and April 11, 2011, respectively, and the final portion to vest on July 11, 2011; and stock options to purchase 30,000 shares of the Issuer's common stock granted to the Reporting Person under the Issuer's EIP on January 1, 2011, which options will vest in equal portions on a quarterly basis over a 12-month period, with the first portion vested on April 1, 2011.

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