China: It’s Becoming Stupid

🇨🇳 🇨🇳 China: Doctors have become more cautious about proceeding with certain treatments for fear of running afoul of vague anti-graft rules, while orders for big-ticket medical items are getting delayed and industry conferences have been canceled. Share prices for listed health-care firms are tumbling and several companies have shelved IPO plans, spooking international investors in what had been a bright spot for China’s slowing economy

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