China Encourages Foreign Investment in Medical JVs

To further its healthcare reform, China announced it will encourage private entities to invest in hospitals and clinics. And, underscoring its commitment, it has even relaxed the rules that govern foreign investment in these institutions. The change in policy implicitly recognizes that the government needs some help in meeting its goals, even though it has committed $124 billion to bring healthcare to its 1.3 billion people. More details....