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Tuesday, April 7, 2009

China to Revamp Health Care Wall Street Journal

China to Revamp Health Care Wall Street Journal

One of the great changes in China, truthfully in a negative way, has been the deterioration of the health system as China has changed to a semi-capitalistic system. This has left much of the population without any health care. And if you go to the hospitals, you need to pay under the table to make sure you get adequate care. Because of the need for high quality health care, some Taiwanese Hospitals have been expanding into China.

This latest move by the Chinese government is not a surprise. China's government is attempting to restore some of the safety web that has gone away during the economic changes. Another one I expect is some type of unemployment and social security system. China is already doing a massive public works project.

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