Despite Economic Slowdown, China Healthcare Demand will Increase, says Market Experts

Published By : 15 Sep 2015 | Published By : QYRESEARCH

Despite, the recently encountered economic slowdown, China is irrevocable on its plan to enter into a more sustainable footing. The policy-makers in the country are very certain that the government-encouraged areas of development will flourish. 

Charles Hamker, the Artisan Global Equity Fund’s manager not only believes the theme but also firmly follows it. 

Hamker is currently putting his bet on state-owned companies such as China Everbright International and Beijing Enterprises Water Group to leverage environment-linked opportunities and population growth. 

Hamker told in a recent interview to Citywire Global that pollution in China is rocketing mounting serious threats of health hazard and environment degradations. Hence, the government in China will continue to support companies who attune their work to improve the situation, who are involved in projects relating to environmental protection, and those who work to deliver clean water. 

He also said, that long-term invest prospects in the country are likely to materialize on the healthcare sector. China according to Hamker is witnessing a poor demographic trend owing to their one child policy followed in the country. Many of these children are getting obese with age. 

Citing the obesity trend among children in the U.S. and Europe in 1990s as a result of increased disposable income, Hamkar said that the demand for dialysis and diabetes treatments are expected rise significantly in China as well in the next couple of years. 

Hamker also said this citing the fact that upper class people in China, notably between the age group of 25 to 45 years, are making conscious effort to improve their health. For instance, an increasing number of people in China are quitting smoking and drinking. 

Therefore, according to Hamker the demand for healthcare facilities and nutritional food items will exponentially increase in China in the next couple of years. Therefore, despite the recent economic slump the healthcare industry in China will continue to register a positive growth.

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