Chinese firms are using the weak dollar to gain a competitive foothold in ownership of American firms (particularly in the manufacturing sector).
Check out this great article in today's Washington Post, by Ariana Eunjung Cha .
What's next? Chinese investment firms buying chunks of struggling American hospitals?
M&As involving US facilities and Chinese consultancies?
Not out of the realm of possibility for groups like Dorenforest...
For now, the trend seems to be American organizations (such as the Cleveland Clinic) partnering with Chinese hospitals, but my bet is we'll see news of Chinese firms purchasing stakes in US healthcare companies before the year is out.
I'd bet some hospitals have already been approached by Chinese organizations interested in more than just facility tours and professional educational exchanges...has yours?
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