I was recently having dinner with Dan Harris from China Law Blog. Our conversation zeroed in on what he and his China lawyers are seeing in terms of changes in enforcement by Chinese officials towards foreign businesses. He noted that they are seeing a variety of what I will call "pushbacks" by the Chinese authorities towards foreign businesses since the election. Now, this could all be accidental or purely opportunistic, but what his firm is seeing are more and more instances where long-standing instances of corners that have been cut in … [Read more...] about Another Reminder for Foreign Companies in China … Don’t Cut Corners with Your License!
If you've been a long time reader you will know that I am particularly focused on helping western senior care companies globalize their businesses. For the better part of the last 6 years, this has meant a heavy emphasis on opportunities in China, Hong Kong, Singapore and India; however, given the scope of the world's aging challenges, these markets are not the only places senior care operators should be looking. Nearly a year ago I wrote over at Forbes, "In each of the BRIC economies, a set of factors are coming together to create the … [Read more...] about A Side Trip to Mexico – Senior Living in Mexico City
Three weeks ago, CCTV reported the drug kickback scandals in six 3rd class public hospitals. All the doctors involved were penalized. This CCTV report has continued to be a hot topic in multiple WeChat public accounts that I monitor to gauge for our clients how the on-the-ground reality for pharmaceutical companies is changing. In order to assess the real reaction by physicians towards this CCTV reporting, I had a few conversations with some of my old doctor friends from 2nd and 3rd level hospitals in different cities. Without exception from … [Read more...] about Are Reforms Focused on Pharma Kickbacks in China, the Last Straw to Push Doctors to Leave?
"These days, it seems China is beating America at almost everything.Take obesity: A recent study published shows that China can now lay claim to having a greater percentage of obese men and women than in the United States.Perhaps Americans can take solace with the realization that China’s success has only come on the heels of Western fast food chains penetrating a domestic Chinese market." More in today's Forbes column. … [Read more...] about China’s Growing Obesity Problem (Forbes)
A past home healthcare client reached out to me right before Christmas around some challenges they had encountered in pursuit of their license in China. Our exchange triggered a couple of thoughts on my part as foreign senior housing and home healthcare companies craft their market access strategies.First, we cannot underscore enough how divergent the experiences municipality-to-municipality are for the licensing process in healthcare and senior care. The central government publishes these big ideas about what it wants to see happen with … [Read more...] about Challenges Getting Licenses for Overseas Home Care & Senior Care Operators in China
Think Moore's Law only applies to the number of transistors in an integrated circuit? It doesn't. It also has application to gene sequencing and the new frontier promised by personalized medicine. More in at Forbes today. … [Read more...] about Meet The Chinese Company That Wants To Be The Intel Of Personalized Medicine (Forbes)