China's Health Care Market Draws Healthy Investment
This article was originally published in PharmAsia News
Hospital investment and management firm Hua Xia Healthcare Holdings announced that it has put aside funds to acquire 10 private hospitals this year. The company spoke to more than 100 international health care investment organizations in 2007 and found that at least $60 billion capital has been earmarked for China. International Finance Corp., a member of World Bank Group, estimated it invested $700 million in China's hospitals last year. Four health-related enterprises, including Fosun Pharma, received loan support totaling $870 million. Eplanet Ventures plans to complete its second round of fund raising that invests mainly in the health care market in India and China. Domestic investors also see China's market opportunities; Shunde private capitalists have funded an 800 million yuan private hospital that began construction in Guangdong last year. (Click here for more - Chinese Language)
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