China healthcare have grown a lot. However, expenditures remain at 6.4% of GDP, which is far below the OECD average of 9%. The chart above measures the health expenditure per person. China ranks in the 92nd place worldwide. In the BCA report, global healthcare systems can be classified in the three categories, either Germany, UK or US. China’s system is closer to that of Germany. Here is something interesting: In 2000, just over 20% of Chinese citizens had healthcare coverage. The SARS outbreak in 2003 was a wake-up call for Chinese leaders. Thanks to heavy government subsidies and political commitments, China achieve universal healthcare coverage in 2011. Nearly 95% of its citizens have healthcare coverage. Public health insurance may not be enough. And key signs is the increase in penetration of private health insurance. In chart 8, we see that the CAGR for insurance premiums are growing...