China Ventures Into Privatized Health – David Lague

 Images 2007 11 06 06Rchl550 From International Herald Tribune:

For China’s ruling Communist Party, the private sector has emerged as an important partner as the authorities attempt to avert a mounting health care crisis.

And so, in an intriguing experiment, the German technology giant Siemens and the hospital operator Asklepios Kliniken are leading the way for private investors with a contract to build and run a hospital in cooperation with a Chinese public-sector partner. The hospital is to be the first in China to operate as a so-called public-private partnership.

In a joint venture with Tongji University in Shanghai, the two German companies aim to open the €100 million, or $145 million, Sino-German Friendship Hospital in Shanghai in time for the 2010 World Expo there. [Full Text]

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