What inspired the world’s largest private property owner and developer to make a shift by selling more than $9 billion worth of hard assets and taking an asset-light approach toward China’s health care industry? As of July 2017, the Chinese government required companies to reduce debt that finances foreign investments; this may have contributed to the Wanda Group’s strategic change. But other factors – an aging population, an end to the 40-year reign of the one-child policy and the loosening of government regulations – make China’s health care industry ripe for investment. In 2016, Wanda partnered with the International Hospital Group and in August 2017, it launched the Wanda Healthcare Group. In this article published on media platform and medical services company VCbeat, writer Luo Mei, who covers health topics, follows the money to trace Wanda’s moves and assess the company’s strategy. getAbstract recommends this summary to readers interested in real estate investment trusts (REITs) and the future of finance behind health care in the world’s most populous country.
About the Author
Luo Mei covers basic health, online hospitals and medicine, and physical rehabilitation for media platform and medical services company VCbeat.