Private Money Pours Into China's Healthcare, Boosting Fortune For Ciming Health Checkup Founders

Laura He, Forbes, July 10, 2012 Private money is pouring into China’s healthcare industry at an impressive clip. The number of private hospitals in the country has increased 20.6% year-on-year to 8,947 as of May 2012, according to statistics released this week by China’s Ministry of Health. Meanwhile, the number of public hospitals has decreased 2.8% to 13,441. With one of the world’s largest elderly populations, and dramatically rising standards of living, China has seen growing domestic demand for healthcare services. That is translating into bigger opportunities for private investors - both domestic and foreign - in the sector. ... Private