Insights
01-Jun-18 Baheal, based in Qingdao, is helping improve China’s healthcare system of 29,000 hospitals and 460,000 pharmacies, using cloud services for those pharmacies, as well as digital systems for doctors, hospitals and others in China’s huge healthcare supply chain. [image: Hospital Healthcare]
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01-Jun-18 China’s ZhongAn Tech, an insurance technology incubator founded in 2013 by Jack Ma of Alibaba, is planning to use blockchain technology to cut risk and costs in healthcare insurance. [image: Coin Telegraph]
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Insights
31-May-18 American-Express has become one of the few US companies to get permission to enter the Chinese financial services market. Amex has a JV with China's fourth largest mobile payments provider, positioning it to enter China's e-payment market. [image: American Express]Summary text, max 30 words.
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Insights
31-May-18 China’s trade surpluses are declining in a shift that will see less of its excess savings recycled into global capital markets. With the US Federal Reserve shrinking its balance sheet and raising interest rates, Treasury yields are at their highest since 2011, putting strains on nations that borrowed dollars. Turkey’s central bank has been forced into emergency action to shore up its currency, while Argentina has sought external help. [Image: The Star online]
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Insights
30-May-18 E-commerce giant Alibaba will inject some of its online pharmacy business into a listed unit in a deal valued at USD1.35 bn. Under the deal, Alibaba Health Information Technology will buy Ali JK Nutritional Products Holding. [image: Bloomberg]
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