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The privatization of hospitals and clinics is on the rise

The privatization of hospitals and clinics is on the rise. But “one of the main reasons why China continues to choose public healthcare provisions over private is because private healthcare is expensive. It's also worth noting that most of the country's well respected and highly trained doctors prefer to work in public hospitals, as they offer greater benefits in terms of job security, research opportunities, and prestigious recognition. (…) It's thought that around 97% of China's population is covered by public health insurance schemes.”

Source: Yicai Global

The government has put the brakes on ‘public-private partnerships’

Concerned about the financial health of local banks, the government has put the brakes on ‘public-private partnerships.’ “The move was aimed at closing loopholes in the initiative that were being exploited by local governments to raise funds through banned channels and spend money on risky projects that were unlikely to earn an adequate return on investment.” The finance ministry ordered the overhaul in November.

Source: www.caixinglobal.com