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Capital also favors private hospitals. "The number of private hospitals in China accounts for half of the total, and is growing at a much higher rate than the number of public hospitals. The investment from the capital market into the sector is an unprecedented blockbuster expansion," said Xia Xiaoyan, a partner and managing director of Boston Consulting Group, during an interview with pppod.net.

Canyon Bridge Capital Partners LLC, a U.-based private equity firm funded by the Chinese government, saw its .3 billion acquisition of US chip maker Lattice Semiconductor Corp collapse last year after it was blocked by CFIUS, a rejection subsequently upheld by Trump.

Charlotte, N.C.

Central government branches, such as the State Administration of Foreign Exchange, began to take measures to prevent unwise and even illegal overseas investments by both State-owned and private companies in the fourth quarter of 2016. All ODI activities involving amounts over million must now be approved by policy makers.

Changes in the way healthcare is delivered during the COVID-19 outbreak, together with policies the Chinese government has taken, have combined to spur China's online healthcare system especially in chronic disease management, a recent report by iResearch Consulting Firm said.