Channel News Asia The reality is rather different: DXY is curbing plans to work with public hospitals to help connect doctors and patients online because of a lack of support by Beijing and obstacles working with China's huge, fragmented public healthcare sector. by Adam Jourdan via Reuters
'"We've heard a lot of good stories from the top [viz] Internet, driving
force, policy changing, but see nothing happen[ing] at the bottom," Li [Tiantian] told
Reuters. "It's not about market, capital, or even tech--these things
are already developed very well...rather it's the regulations, laws.
and systems of support."
'Li's position reflects wider obstacles to
healthcare reforms in technology, online drug sales, hospital
privatization, and doctors' pay--drivers that are a major lure for
investors and firms betting billions of dollars on China opening up a
market set to be worth around US$1.3 trillion by 2020.
ask: is there actually a macro tailwind, and is the government and
regulatory environment--which is very important in China--supportive
of this?" said Alexander Ng, associate principal at McKinsey & Co. "If there's a lot of negative voices it might make investors back off or calculate a much higher risk premium."'