China’s Medical Boom

From Time Acquiescence to substandard health care is changing in China, especially where rapid economic progress has improved the financial well-being of the country’s growing zhong chan jie ji, or middle class. More and more Chinese are willing to pay for superior health-care services. Their presence, combined with an increased number of expatriates and business travelers, has created a niche opportunity for foreign businesses. Several U.S.-based... [read full story]